Corinthians registered a surplus of R $ 12.1 million in the first quarter of 2025. During this period, the club’s largest revenue was with transmission rights, in the amount of R $ 78.8 million.
Timon’s second largest source of revenue in the first two months of the season came from sponsorships, with R $ 35.8 million. According to the balance, the club raised R $ 11.6 million with transfer of federative rights of players during this period.
On the other hand, Corinthians’ biggest expense came with “personnel” (salary, image rights), in the amount of R $ 75.3 million.
Taking into account only football, the Timão surplus was $ 26.4 million. Already the social club registered a deficit of $ 14.3 million.
The Corinthians Deliberative Council failed, at the end of April, the club accounts for the 2024 year, under. The meeting took place at Parque São Jorge, where the counselors gathered for the vote. Prior to that, both the Fiscal Council and Cori (Guidance Council) had already recommended rejection of the numbers presented.
In the final vote, 130 counselors failed the 2024 accounts, while 73 approved, in addition to six abstentions.
According to the document sent by the board to the Deliberative Council, Corinthians’ debt is in their 2.568 billion, with an increase of 30% compared to the year 2023, the last in the management of Duilio Monteiro Alves.
Also according to the document, Timão closed 2024 with a deficit of R $ 181.7 million and a record revenue of R $ 1.115 billion.
Of the total debt, R $ 1.8 billion would be from the club and another R $ 668 million of the financing of Neo Chemistry Arena. At the end of 2023, in the last year of the management of Duilio Monteiro Alves, was R $ 1.9 billion.
Augusto Melo claims that, from the total debt of the club, R $ 191 million were inherited from 2023, with Duilio in the presidency.
The debt of R $ 191 million encompasses an adjustment to the outstanding balance of the deput installment with the Attorney General’s Office of the National Treasury (R $ 30.2 million), contingencies taken as probable and not accounted for (R $ 56.2 million), installment of the ISS on the box office with the City of São Paulo (R $ 76 million) and contingencies created in 2024, but referring to passed debts, such as processes, such as processes, such as processes, such as processes, such as processes, such as processes, such as processes, such as processes, such as processes, as Civil, Labor, Tax and National Chamber of Dispute Resolution (R $ 28.8 million).
Without these pending issues, in the accounts made by the Corinthians Financial Board, the club would have a surplus of $ 9.530 million. Already the balance of 2023 would have a deficit of R $ 190.1 million.
The Corinthians finance department reported the amount inherited from past management by presenting the balance to the supervisory bodies, but saw difficulty in dialogue, especially with Cori (Guidance Council). According to members of the board, the caveat was ignored.
Cori identified an increase in R $ 829 million Na and rejected, 16-1, the disapproval of the accounts of Augusto Melo’s first year.
The Corinthians board has sent to the Fiscal Council documents to support the reopening request of 2023 accounts. If the CF indicates that there are numbers of Duilio’s management with direct impact on the 2024 debt, Cori will analyze the case and, finally, the Deliberative Council will vote to reopen the accounts or not.
