SÃO PAULO, SP (UOL/FOLHAPRESS) - Corinthians paid off this Monday (20) the image rights for the month of May, which were overdue for about a month. Payment was made on the same day that the installment for the month of June was due.
Corinthians pays a portion of late image rights to the cast
SÃO PAULO, SP (UOL/FOLHAPRESS) - Corinthians paid off this Monday (20) the image rights for the month of May, which were overdue for about a month. Payment was made on the same day that the installment for the month of...
The board's expectation is to regularize the payment of June's image rights next week. With this, the club hopes to end financial disputes with the squad.
Even in the face of cash flow difficulties, Corinthians maintains the payment of players, coaching staff and employees as a priority. Still, the club has struggled to meet these commitments in recent months.
In May and June, the São Paulo team delayed paying the CLT part of their salaries for a few days. There was also a delay in the payment of image rights for athletes and professionals hired as Legal Entities (PJ), who should have received the amounts ten days ago.
In addition to salary delays, Corinthians continues to deal with financial problems that directly impact the football department. Last weekend, the club received the third transfer ban in force due to outstanding debt payments.
The most recent punishment was applied because Corinthians did not pay the quarterly installment of the agreement signed with the National Dispute Resolution Chamber (CNRD). The amount owed is between R$8 million and R$9 million.
The club already accumulated two other active transfer bans. The first has been in force since May, due to a debt of 1.5 million dollars (R$ 7.66 million, at current prices) with the Philadelphia Union, from the United States, referring to the non-payment of installments for the signing of midfielder José Martínez, in 2024.
The second was applied last week due to fines imposed by FIFA due to late payments related to the signings of José Martínez and midfielder Charles, from Midtjylland, in Denmark, in addition to the loans of striker Talles Magno from New York City, in the United States, between 2024 and 2025. The fines total around 200 thousand dollars, the equivalent of just over R$1 million at the current exchange rate.
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Corinthians' strategy is to pay off the transfer ban with the lowest value first, referring to the fines applied by FIFA.
To this end, the club intends to use resources that it will still receive from the sponsorship agreement signed with Fatal Fans. The content platform will pay R$22 million to Corinthians in a contract valid until the end of 2027. The board awaits receiving an entry fee in the coming days.
At the same time, the club is working with the expectation of raising R$180 million gross from the sale of assets during the transfer window, which opened this Monday. The objective is to pay off other short-term debts and gain financial momentum.
Midfielders André and Breno Bidon, in addition to striker Yuri Alberto, are the main players watched by the international market. To date, however, Corinthians has not received formal proposals from the athletes.
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Source: Noticias ao Minuto - Ultima Hora
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