Corinthians Faces Financial Challenges Impacting Memphis Depay's Contract and Sports Funding
Corinthians addresses financial difficulties impacting Memphis Depay's contract discussions and funding for other sports initiatives.
- • Corinthians does not plan to renew Memphis Depay’s contract before next year.
- • Depay’s contract debt to the club totals R$ 23 million, with a payment plan until March 2026.
- • The club is reducing budgets in other sports, such as futsal, to protect football funding.
- • Corinthians seeks new partners and funding to maintain sports initiatives but may freeze some projects if unsuccessful.
Key details
Corinthians is currently navigating a financial crisis that significantly impacts its sports funding and the future of star player Memphis Depay's contract. The club's president, Osmar Stabile, disclosed on November 27, 2025, that there are no immediate plans to renew Depay's contract, which lasts until July 2026. Stabile clarified that any discussions about an extension will only happen next year, emphasizing the dynamic nature of football and the club's current focus on honoring existing agreements.
Memphis Depay, who joined Corinthians in September 2024, has made a notable contribution with 17 goals and 14 assists across 60 games. Nevertheless, he is currently recovering from a right knee bone edema, which adds an element of uncertainty to his playing status. Financially, the club carries a significant burden from Depay’s contract, which includes a high salary, bonuses, and signing fees, amounting to a debt of R$ 23 million payable to the player. Corinthians has arranged to settle this debt through a payment plan stretching until March 2026.
In light of the club's precarious financial situation, Stabile also detailed strategic moves to manage expenses, such as cutting costs in other sports like futsal to preserve football funding. He highlighted ongoing efforts to secure new resources and partners to support sports initiatives, although some may be paused if adequate funding cannot be secured. Interest from companies in meeting these financial requirements has been noted, reflecting the club’s active pursuit of sustainable funding solutions.
Internally, debate persists around Depay’s role, with some factions advocating for his departure due to the financial strain his contract imposes relative to on-field contributions. As the club seeks to stabilize its finances, the future of both its sports programs and key players like Memphis Depay remains closely tied to its ability to overcome current economic challenges.
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.