Corinthians hits out at ‘alarmism’, says RCE revenues explained | OneFootball

Corinthians released an official statement this Thursday (26) to comment on the decision issued by the 2nd Bankruptcy and Judicial Reorganization Court of São Paulo in the Centralized Enforcement Regime (RCE) case. In the decision, handed down last Wednesday, the club was ordered to provide clarification regarding alleged inconsistencies in its revenue statement for the month of February, with a warning about the possibility of appointing a judicial observer or trustee if irregularities persist.

In the statement, Corinthians says that the clarifications requested by the Judicial Administration had already been submitted even before the decision. According to the club, the filing was entered into the case records on Tuesday (25), at 9:41 p.m., with technical details regarding the composition of the questioned revenues.

Photo: José Manoel Idalgo/Ag. Corinthians

According to the statement, the document filed in the case explains the discrepancies pointed out by the judicial administrator and distinguishes between operating and non-operating revenues, in addition to addressing internal transfers between accounts, financial transactions, advances on receivables, and amounts arising from player transfers.

The club also says it held a prior meeting with the judicial administrator, during which it provided clarification and reinforced its commitment to transparency and cooperation in complying with the RCE. The board believes that the information was already part of the case records before the court decision and said it will file a new petition to bring this fact to the court’s attention.

Corinthians also stated that it has acted diligently and cooperatively since the beginning of the RCE, maintains constant dialogue with the judicial administrator, and provides the requested documentation whenever required in the proceedings.

The club also criticized the repercussions of the case on social media and said distorted information about the decision had been spread. In the text, the board regrets what it described as a mismatch of information and repudiates the alarmism and discrediting campaign promoted by digital influencers, who, according to the statement, harm proper communication between the institution and the fans.

Finally, Corinthians stressed that it remains available to the court, the Judicial Administration, and other interested parties to provide further clarification, and maintains that it remains committed to the regularity, transparency, and effectiveness of the financial restructuring process conducted through the Centralized Enforcement Regime.

Read the club’s full official statement below:

Sport Club Corinthians Paulista informs that, within the scope of the Centralized Enforcement Regime (Case No. 1189761-87.2024.8.26.0100), a court decision was issued on March 25, 2026 (at 5:57 p.m.), which, among other points, ordered the Club to provide clarification regarding alleged inconsistencies related to the declaration of revenues for the month of February 2026, with a warning concerning the possible appointment of a judicial observer or trustee in the event of resistance or persistent inconsistencies. 

However, it is important to clarify that, prior to said decision, the Club had already submitted, in a timely and formal manner and in the case records, all the clarifications requested by the Judicial Administration.

Indeed, on March 24, 2026, at 9:41 p.m., Sport Club Corinthians Paulista filed a petition in the case records (pp. 10,332/10,339), detailing the composition of the revenues in question and clarifying, in a technical and well-founded manner, the discrepancies identified, including, among other points, the distinction between operating and non-operating revenues, internal transfers between accounts, financial transactions, advances on receivables, and revenues arising from player transfers. 

Even before filing said submission, the Club also held a meeting with the Judicial Administration, on which occasion additional clarification was provided and its commitment to transparency and cooperation within the scope of the Centralized Enforcement Regime was reinforced.

Thus, it appears that the clarifications had already been provided and entered into the case records on a date prior to the decision issued on March 25, 2026, a circumstance that will be duly brought to the Court’s attention through a new formal submission.

Sport Club Corinthians Paulista reaffirms that it has always acted diligently, transparently, and cooperatively within the scope of the Centralized Enforcement Regime, maintaining constant dialogue with the Judicial Administration and providing all necessary documentation whenever requested.

The club regrets the mismatch of information and repudiates the alarmism and discrediting campaign promoted by digital influencers who disregard the seriousness and relevance of work that is fundamental to the institution’s financial restructuring, thereby harming proper communication between the institution and the fans.

Corinthians also reiterates that it remains fully available to the Court, the Judicial Administration, and other interested parties to provide any additional clarification that may eventually be necessary, reaffirming its commitment to the regularity, transparency, and effectiveness of the process.

See more:

Corinthians News

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