Corinthians owes more than R$60 million to FIFA for purchasing players

Corinthians owes more than R$60.3 million in lawsuits at FIFA related to the signing of players. The amount includes debts assumed by the club in negotiations carried out in 2024, during the management of Augusto Melo, expelled from the membership last Monday (1st).

The value increased after Timão was condemned by FIFA for the extension of Talles Magno's loan last season. According to the world football governing body, the Brazilian club failed to pay US$850,000 (R$4.2 million at current prices) to New York City, holder of the striker's economic rights.

Talles was signed in mid-2024 and, following an agreement between the clubs, his loan was renewed until the end of 2025.

In addition to the amount related to the loan renewal, Corinthians was ordered to pay US$90,000 (R$455,000) in fines to FIFA and US$21,000 (R$105,000) in court costs. The US$850,000 is also subject to interest at 15% per year from August 2025.

The case is currently before the Court of Arbitration for Sport (CAS), the last instance for cases of this type.

The pending issue with New York City adds to other outstanding debts. Corinthians suffered a transfer ban after being condemned by FIFA and CAS for hiring midfielder José Martínez. The club owes US$1.425 million (R$7.135 million) to the Philadelphia Union, from the United States, in addition to a fine of US$75 thousand (R$375.5 thousand).

Corinthians was also condemned by FIFA and CAS for hiring midfielder Charles, who arrived from Midtjylland, Denmark. In this case, the debt is 1 million euros (R$5.8 million), in addition to a fine of US$60,000 (R$300,000).

The most advanced case is that of midfielder Rodrigo Garro. Timão was ordered in all instances to pay around R$42 million to Talleres, from Argentina.

Corinthians sources state that there is already an agreement between the clubs, with only bureaucratic procedures remaining to complete the operation.

Other debts of Alvinegro related to the hiring of players are included in processes at the CNRD (National Chamber for Dispute Resolution). This is the case of the negotiations involving Raniele, with Cuiabá, and Alex Santana, contracted with Athletico-PR.

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Source: CNN