Ex-Corinthians youth chief explains 30% André Luiz rights deal | OneFootball

The contract renewal of the young André, negotiated while he was still in the youth categories in May 2024, has become a topic of discussion again after the amounts involved in a possible transfer of the player to Milan, Italy, came to light. In response to the repercussion, the former Corinthians youth director, Claudinei Alves, explained how the negotiation took place at that time and detailed the reason why the club transferred 30% of the athlete's economic rights.

According to the executive, talks about the renewal began after the player's agent contacted the board to discuss extending the contract. At the time, the initial proposal presented by the staff included a payment of R$ 4 million as a signing bonus for the contract renewal. Corinthians, however, was not in a financial position to cover this amount at that time.

Photo: Rodrigo Coca/Ag. Corinthians

Given the financial difficulty, the club and the athlete's representatives sought an alternative solution. Thus, it was decided that Corinthians would give up 30% of André's economic rights, while the player would renew his contract and have his release clauses adjusted, both for the domestic and international markets. In addition, there was a provision for a new salary increase this year, which would also raise the release clause for transfers within Brazil.

“The proposal presented by the athlete's staff at the time was 4 million reais as a signing bonus for the contract renewal. However, at that moment, the club did not have the funds to make this payment. Given this scenario, we reached an agreement in which we gave up 30% of the athlete's economic rights, in exchange for the contract renewal and the increase of the release clauses, both domestic and international. At that time, it was the possible solution so we wouldn't risk losing the player,” revealed the former director to Meu Timão.

Claudinei also explained that there was a real concern about losing the athlete at that time. According to him, during the talks to renew the contract, the staff informed that other teams were already showing interest in taking him away from Corinthians.

“During the talks for the renewal, we were informed by the athlete's staff that there were already two proposals to take the boy away from Corinthians. I would also like to make it clear that the amounts and details of the negotiation currently being reported by the media have no involvement from me. In fact, I have a completely different opinion regarding the value that, according to reports, would have been agreed upon”, he concluded.

The debate among fans about the percentage of economic rights belonging to Corinthians gained momentum after the proposal presented by Milan. The Italian club almost completed the signing of the youngster for 15 million euros, plus another 2 million euros tied to goals, amounts that total around R$ 104 million at the current exchange rate, for the 70% of economic rights that belong to Timão.

Despite the progress in negotiations, president Osmar Stabile decided to veto the formalization of the agreement, preventing the transfer from being completed at that time.

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