Corinthians president outlines finances, ties Memphis stay to backers | OneFootball

Corinthians president Osmar Stábile spoke on the evening of last Thursday (24) about Memphis Depay’s contractual situation and the club’s financial planning for the rest of the season. In an interview, the executive explained the challenges faced by the current administration and made it clear that the No. 10’s stay depends directly on the arrival of new commercial partners.

During the conversation, Stábile addressed the impact of inherited debts, the need for short-term financial balance, and the alternatives being pursued by the board to keep the squad competitive without compromising the budget.

Photo: Rodrigo Coca/Agência Corinthians

When speaking about the possibility of renewing with Memphis, the president stressed that the club cannot afford the player’s costs on its own:

“So, Corinthians, as I’ve said from the beginning, if there is a partner who can pay the amounts so we can continue, Corinthians will gladly welcome that. Within our current budget, we do not have the financial capacity to keep him, but we are indeed looking for partners who can make it happen, because it is the fans’ dream for him to stay. But I need a partnership, otherwise I can’t keep the commitment we made right at the start to work this year as a very short-term year — I even laid it out: very short, short, medium and long term. This very short term is making our work quite difficult, because the commitments are major. We had to pay many issues left over from the past, which we had to honor, and we still have others to fulfill. So Corinthians does not have the financial conditions to maintain the contract, but it does have the conditions to look for a partner, and that is what we are doing to make the fans’ dream come true.”

Still on the financial situation, Stábile mentioned recent progress involving the management of Neo Química Arena, with the arrival of a new partner to unlock administrative processes:

“So, we also managed to replace REAG, with whom we had several processes stalled. We needed to move forward, with contracts that had to be signed by the Arena Fund and could not be signed. Now, with the new partner, we will be able to make that happen.”

The executive also reiterated the club’s sporting goals for the season, highlighting the desire to compete for titles and looking ahead to the team’s next match:

“We have our dream of winning the Libertadores, winning the Copa do Brasil and, God willing, also the Brazilian league. We are going to fight for that. Our start will be this Sunday, we’re going to beat Vasco, God willing, and we’ll keep going with the help of Saint George, who is here. After he was installed, even though not inaugurated, we haven’t conceded any goals, and I am absolutely sure that will continue.”

Asked about the symbolism of religious elements at the club, such as the statue of Saint George, which was inaugurated yesterday, the president emphasized respect for diversity and Corinthians’ institutional stance:

“So, the importance of Saint George is that he represents many religions. Whoever does not like one religion may like another. At Corinthians, we try to embrace everyone. Article number 1 of the Statute says that we must not get involved in either religion or politics. Here at Corinthians, we do not get involved; we accept everyone just as they are. It is very special to be able to count on all the religions present here at this historic inauguration, and this will remain for posterity.”

With that, Corinthians continues working behind the scenes to balance its finances while also seeking alternatives that would allow it to keep important squad members, such as Memphis Depay, without compromising the financial planning established by the board.

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