Overview
- Spindel said he had agreed to terms but never received a formal contract in a reasonable timeframe, so he considers negotiations closed.
- Corinthians had targeted Spindel after Botafogo executive Alessandro Brito declined an offer to replace outgoing Fabinho Soldado.
- The vacancy was created when Fabinho Soldado left the club earlier this week, prompting an expedited search for a new football executive.
- Reports a day earlier indicated the club hoped to finalize an appointment by December 29, a plan now disrupted by Spindel's withdrawal.
- Corinthians remains under a FIFA transfer ban and is seeking to raise more than R$33 million to pay Santos Laguna, with expectations of resolving the sanction in early January.