Stábile Disputes Hotel-Cut Order for Memphis Depay as Corinthians’ Cash Crunch Deepens

Overview

• After reports that the club asked Memphis to leave a luxury suite, president Osmar Stábile said the idea to reduce lodging costs came from the player, with earlier accounts citing a roughly R$250,000 monthly hotel bill.
• The external report also details that the previous administration spent about R$500 million in the second half of 2024 on signings such as Memphis Depay and Rodrigo Garro, worsening cash flow.
• Corinthians’ legal director Pedro Soares told a CORI meeting the club owes approximately R$23 million to Memphis in bonuses and other contracted amounts.
• Memphis is under contract until mid‑2026 with reported wages near R$5 million per month, and his deal includes a provision for a furnished house and hotel stays until housing is provided.
• The new leadership is targeting about a 30% reduction in football costs exceeding R$300 million per year, and Terra reports the club is currently under a FIFA transfer ban on new registrations.