Corinthians hit with fourth Fifa transfer ban over Charles debt | OneFootball

Corinthians was once again hit with a sanction from the International Federation of Association Football (FIFA) this Tuesday (21). The club received a new transfer ban due to a financial issue related to the signing of defensive midfielder Charles from Denmark’s Midtjylland. With the new decision, Timão now has four bans on registering players.

According to an update in FIFA’s system, the punishment came into effect this Tuesday (21) and is valid for three transfer windows. Until the issue is resolved, Corinthians remains unable to register new players. According to reporting by Central do Timão, the debt involving Charles’ transfer is approximately R$ 6.2 million at the current exchange rate.

Photo: Disclosure/Corinthians

This is the fourth ban recorded by the club this season. Three of them were imposed by FIFA, while another was handed down by the Brazilian Football Confederation (CBF). The first transfer ban from world football’s governing body was published on May 21, due to a delay in payment to the Philadelphia Union of the United States for the signing of defensive midfielder José Martínez. The debt is estimated at around R$ 7.7 million, and the punishment also provides for a restriction lasting three transfer windows.

Then, on July 13, FIFA imposed a new disciplinary sanction on Corinthians. On that occasion, the club was fined US$225,000, approximately R$ 1.16 million at the exchange rate at the time, for failing to comply with determinations related to debts involving the Philadelphia Union, Charles’ transfer with Midtjylland, and the loan of forward Talles Magno from New York City FC of the United States. This ban remains active until the situation is resolved. After this fourth restriction, the total value of the debts related to the transfer bans is around R$ 23 million.

In addition to the punishments imposed by FIFA, Corinthians also received a transfer ban from the CBF last Friday (17). The measure, valid for six months, was prompted by a delay in payment of the fifth installment of an agreement signed at the National Chamber for Dispute Resolution (CNRD).

With this new penalty on Tuesday, the club now has four simultaneous restrictions on registering new signings. Clearance to register players again will depend on settling the financial issues that led to the sanctions or complying with the determinations established by the responsible bodies.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.