appeal suspends progress of MP’s investigation

The São Paulo Public Prosecutor’s Office (MP-SP) had suspended the investigation which analyzed the possibility of judicial intervention in Corinthians. The interruption occurred due to an appeal presented by the club, which requests the closure of the investigation. The request has a suspensive effect, preventing any action by the prosecution until the Deputy’s Superior Council evaluates the file.

In defense, Corinthians maintains that financial difficulties do not constitute sufficient grounds for judicial intervention. The board of directors argues that the association operates regularly, preserving its autonomy, and that there are less severe alternatives to deal with the problems, such as signing a conduct adjustment clause (TAC). Corinthians also highlights that debt is a reality common to several national football entities.

The resource lists the measures already underway to reverse the economic scenario: disapproval of the accounts of the former presidents, creation of a committee focused on financial restructuring, negotiations with the Union to refinance debts, negotiations with the Caixa Econômica Federal regarding the debt of Neo Química Arena and the reform of the statutes.

Persistent irregularities among Corinthians

The MP-SP, in turn, spoke out against the appeal. The institution specifies that, even if they enjoy autonomy, associations can be subject to intervention if the investigation reveals irregularities. The initial request for an investigation had already highlighted ongoing problems within the club.

Among the points raised is an internal process linked to a main sponsorship proposal from Responsa Gaming, responsible for the brand. Energia.bet. . According to information from Rádio Bandeirantes, the compliance sector of the Corinthians rejected the agreement. For the MP-SP, this episode could give rise to formal recommendations to the club. However, with the suspension of the investigation, any action is temporarily made impossible.

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