Corinthians settle Talleres dues over Rodrigo Garro signing | OneFootball

Corinthians has completed the payment to Argentina’s Talleres related to the signing of midfielder Rodrigo Garro. The amount transferred was a net US$ 7 million (approximately R$ 35.7 million at the current exchange rate), eliminating the possibility of a new transfer ban imposed by FIFA. According to reporting by Central do Timão, the amount was made possible through a loan taken out by the club with Outfield, a company specializing in credit operations.

In an official statement signed by president Osmar Stabile, Corinthians confirmed the settlement and highlighted the end of the impasse as a milestone in the relationship between the parties. The statement also mentioned Talleres president Andrés Fassi, emphasizing the way the negotiations were handled.

Photo: Disclosure/Corinthians

“In the statement, the club said that the resolution of the case symbolizes a stage of responsibility and institutional commitment, even in the face of a process that dragged on for about four months and involved several rounds of talks and adjustments between the parties”, read the full statement below.

According to information already released, the São Paulo club had not managed to meet the previous deadline set for payment, which expired last Tuesday. Even so, the boards reached a new understanding while the bureaucratic steps moved forward, including the formalization of digital signatures.

ESPN reported that Corinthians and Talleres signed a settlement agreement last Thursday that officially confirmed the debt had been paid. The outcome was made possible after direct alignment between the two administrations, unlocking a situation that had dragged on for months.

The debt is related to FIFA’s decision in February 2025, which ordered the Brazilian club to pay US$ 3.6 million (around R$ 18.7 million at the time). Since then, Corinthians had sought to overturn the punishment at the Court of Arbitration for Sport (CAS) to avoid further sanctions. The negotiations were stalled for a prolonged period, also influenced by institutional strain linked to the previous administration, which was responsible for Garro’s signing in 2024, and by Talleres’ board.

Facing financial pressure, Corinthians structured an operation with Outfield to take on the debt owed to the Argentine club. The proposal was approved by the Guidance Council (Cori) and the Deliberative Council (CD).

With operating costs and interest included, the total amount Corinthians will have to pay the company rises to US$ 8.5 million (approximately R$ 44 million), to be paid in 26 monthly installments. The contract also provides for a rate of CDI plus 1% per year, which currently amounts to around 15.4% per year. As collateral for the agreement, future revenue from broadcasting rights and advertising boards was tied to the financial operation.

Despite completing the payment to Talleres, the club still faces difficulties balancing its cash flow. In addition to the issue resolved with the Argentine club, Corinthians recently returned to FIFA’s transfer ban list due to debts with the Philadelphia Union related to the signing of José Martínez, and was also ruled against in another case involving New York City FC, related to the extension of Talles Magno’s loan.

At the beginning of May, CAS also ruled that the São Paulo club must pay more than R$ 6 million to Denmark’s Midtjylland for failing to comply with the agreement in the negotiation for defensive midfielder Charles, completed in 2024.

Read the statement published on Corinthians’ official website:

This Friday, the 19th, we were able to make the full payment of the outstanding debt to Club Atletico Talleres of Argentina, related to the negotiation and acquisition of the talented midfielder Rodrigo Garro.

This moment represents much more than simply settling accounts. It symbolizes the seriousness, commitment, and respect that Corinthians maintains with its international partners, even in the face of challenges that stretched over four months. These were weeks of intense negotiations, constructive talks, and, above all, a great deal of patience, which were only possible thanks to collaboration and mutual understanding.

I would like to take this opportunity to express, on behalf of everyone who is part of our Club, immense gratitude to the entire team responsible, who worked tirelessly to achieve this goal. We also extend our most sincere thanks to everyone at Talleres, especially president Andrés Fassi, whose professionalism and patience were essential to the conclusion of this process.

Now, with this chapter behind us, we can look ahead with peace of mind and full focus on building an even stronger and more victorious Corinthians.

We move forward together, always ahead, with the certainty that respect, transparency, and honest work are the pillars that sustain the success of our beloved institution.

A big hug to everyone,

Osmar Stabile

Sport Club Corinthians Paulista

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