Corinthians report total debt of R$ 2.625bn in 2025 accounts | OneFootball

Corinthians closed 2025 with total debt of R$ 2.625 billion, the club’s December balance shows. Net revenue reached R$ 809.7 million and the operating result was a deficit of R$ 143.4 million, narrower than October.

According to Meu Timao, gross debt was R$ 1.98 billion plus R$ 642 million linked to Neo Química Arena financing. The hierarchy view the position as delicate and are working on options to cut indebtedness through 2026.

Full-year income fell by about R$ 300 million versus 2024’s R$ 1.1 billion, despite a late-season lift from Copa do Brasil prize money of R$ 97.8 million and broadcast fees.

TV rights brought in R$ 413.5 million, lifted by the cup run and a new LFU deal, while sponsorships fell to R$ 170.3 million. Football revenue totalled R$ 789.3 million.

Expenses reached R$ 831.6 million, led by R$ 500.6 million in personnel. The football department posted a R$ 48.35 million loss, above 2024’s R$ 22.02 million.

Receivables stand at R$ 1.27 billion, including R$ 410.8 million due short term, though most are not immediate cash. Cori, CF and CD approved the 2025 accounts in recent weeks.

Social and amateur sports income topped R$ 75 million, about R$ 9 million higher than 2024. Spending rose to R$ 132.1 million and the operational loss was R$ 67.78 million, yet the accumulated deficit fell to R$ 95.06 million from R$ 159.74 million after a PGFN tax settlement saved R$ 200 million.

Source: Meu Timao