Corinthians expects to cut R$81m in football department to close 2026 in the black

After a turbulent 2025 and with an accumulated deficit of R$180 million until September, as revealed by the balance sheet released on Friday, the 5th of this month, Corinthians plans to close 2026 in the black, with a surplus of R$12 million and EBITDA of R$320 million.

In the budget projections, it has not yet been submitted to a vote in the Council which condition If it is reached, the club determines a strategy based on reducing expenses. The information was initially published by General Electric.

In personnel expenses in the Football Department alone, which includes players, the target is to obtain a reduction from R$435 million to R$354 million, a decrease of R$81 million. Offer includes current paper (image rights, fees and interest), subject to cost reduction guidelines. Combined with other costs, such as service and gaming expenses, the total reduction in football will amount to R$90 million.

When general salaries are included, with other sectors of the club included, the expected reduction remains at the same percentage: from R$505 million to R$410 million. Looking for solutions to cut costs, President Osmar Stabile targeted social club cuts and even considered ending sports such as futsal, but backed down after the bad repercussions.

To help reduce football expenses, a target of R$151 million in player sales has been set. The forecast also commits to the value of TV rights, which amounts to R$335 million, although it did not detail the sporting objectives that affect this calculation.

In sponsorship, the plan is to generate R$255 million, 47% more than in 2025. Without the goal of selling players, the club expects to close 2026 with revenues of R$806 million, 13% higher than R$711 million from present season.

The fiscal balance sheet for September on Friday revealed an accumulated deficit of R$180 million up to that month. The club’s total debt is R$2,715.7 million.