On the afternoon of Wednesday (30), Corinthians announced the end of the partnership with Alvarez & Marsal, a company that has been advising the club since July 2024.
According to the club, the end of the partnership was “common agreement”. Nevertheless, as my Timão said, the company did not see useful in the club’s daily life, especially after Fred Luz’s departure earlier this year.
“Sport Club Corinthians Paulista reports that, in common agreement and in the context of an internal restructuring focused on cost optimization, it ended the partnership with the consulting firm Alvarez & Marsal,” said the club.
It is worth remembering that, but actually acting as a consultant of the decisions made by the board of Parque São Jorge.
Read the Official Note of Corinthians
“Sport Club Corinthians Paulista informs that, in common agreement and in the context of an internal restructuring focused on cost optimization, it ended the partnership with the consulting firm Alvarez & Marsal.
The club currently has a qualified financial team, which will continue the work developed in conjunction with the consultancy in recent months, ensuring the continuity of governance and financial responsibility initiatives.
Corinthians thanks Alvarez & Marsal for their professionalism, dedication and partnership throughout the collaboration period. ”
