Why Corinthians have been hit with another transfer ban | OneFootball

Corinthians has been hit with a new FIFA transfer ban. The club received the notification on Monday afternoon (13), and this time the punishment will remain in place indefinitely until its debts to other clubs are settled.

Central do Timão has learned that the new measure was imposed because of a disciplinary fine of approximately US$200,000 due to the accumulation of outstanding issues. A few months ago, the club adopted the approach of tackling its larger debts first, as in the cases of Matías Rojas, Félix Torres, and Rodrigo Garro, and only afterward dealing with smaller debts.

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Regarding the debt over José Martínez, Corinthians did try to negotiate, but Philadelphia Union remained firm on the amount that had to be paid and went to FIFA as soon as the deadline was reached. The debt is around US$1.4 million, approximately R$7.5 million at the current exchange rate.

As for defensive midfielder Charles, Corinthians also tried to open talks with Denmark’s Midtjylland to resolve the debt, which already exceeds R$6 million. The Danish club, however, did not even respond to Timão on the matter. It is worth remembering that the deadline set by CAS for settling the debt expired a long time ago.

The club from Parque São Jorge is also working to resolve outstanding issues related to the loan deals of Talles Magno with MLS side New York City, which amount to around R$12 million, as well as another nearly R$3 million for the signing of center-back Cacá, who belonged to Japan’s Tokushima Vortis. A few months ago, Athletico reported Corinthians to the CNRD over the non-payment of debts related to the purchase of Alex Santana.

The disciplinary fine is related to the debts involving Martínez, Charles, and Talles Magno. At the moment, the club still cannot register new players. In addition to the two transfer bans, Corinthians has also not paid debts related to the squad’s image rights for the month of June.

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