Corinthians delay 13th salary payment for Parque São Jorge staff | OneFootball

Corinthians has delayed the first installment of the 13th salary for employees hired under CLT at Parque São Jorge.

According to information obtained by Gazeta Esportiva, the payment was supposed to have been made last Friday, but has not yet been completed. When contacted by the report, the club admitted the delay and stated that it is working to resolve the issue.

“Corinthians acknowledges the problem and is working to resolve it as soon as possible,” said Timão in a statement sent to the press.

Financial crisis

Corinthians is going through a serious financial crisis. The club has been struggling to pay creditors and finds itself burdened by a gross debt that already exceeds R$ 2.7 billion.

For this reason, president Osmar Stabile has been looking for ways to get some financial relief. One of the alternatives is to reduce costs in all departments of the club. In addition, the board is considering taking out a R$ 100 million loan with LFU (Liga Forte União).

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