Corinthians secure R$70 million loan, aim to lift transfer ban | OneFootball

Corinthians is close to overturning the FIFA transfer ban, which has been in effect since August of last year. The club received a R$ 70 million loan from LFU (Liga Forte União) and will use the funds to settle its debt with Santos Laguna, from Mexico.

The operation consists of an advance on the 2026 LFU quota related to broadcasting rights. The loan will have an interest rate of CDI + 3%, with no counterparty required from Corinthians.

Part of the amount has already been used to pay in advance the third installment of the CNRD (National Chamber for Dispute Resolution), totaling R$ 7.2 million, which helped to revoke the CBF transfer ban. Now, the board’s priority is to settle with Santos Laguna and be free to register new signings again.

Debt Discount

The Mexican club was demanding about R$ 40 million from Corinthians for the acquisition of defender Félix Torres. However, Timão managed to negotiate a discount.

As initially reported by ge, Santos Laguna gave up part of the interest and agreed to receive R$ 33.4 million in cash to close the case with FIFA. Corinthians is preparing to make the payment in the coming days.

In this way, the club will finally be able to register new players again. As published by Gazeta Esportiva, the alvinegra board has advanced negotiations with defender Gabriel Paulista, who is a free agent after terminating his contract with Besiktas, from Turkey. Therefore, he is expected to become coach Dorival Júnior’s first signing for the 2026 season.

Other Revenues

In addition to the LFU loan, Corinthians relied on other sources of revenue to resolve the most serious financial issues at the start of the year. The club also received, for example, part of the prize money for winning the 2025 Copa do Brasil.

Thus, Timão took the opportunity to clear other debts, such as the one owed to midfielder Matías Rojas. The club settled about R$ 41 million with the Paraguayan in installments and avoided a new problem with FIFA.

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