The Dutch forward is expected to pursue the outstanding debt after Corinthians abandoned plans to renew his contract
Memphis Depay is expected to take Corinthians to FIFA over an outstanding debt after the club decided not to renew his contract. According to UOL, Corinthians estimates that it owes the 32-year-old around R$42 million in principal, with the total rising to approximately R$77 million after interest and monetary adjustments. The latest dispute comes just weeks after the two sides had reached an agreement in principle for a new two-year contract.
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| Memphis Depay set to take Corinthians dispute to FIFA after contract decision |
Corinthians reversal changes the situation
President Osmar Stábile ultimately decided against completing the renewal, citing the club's financial situation. Reports from UOL and Folha say Corinthians had previously negotiated a plan under which the debt would be paid in instalments without the additional interest, but that agreement collapsed when the club withdrew from the renewal. Depay subsequently said he was "very disappointed" by the decision and indicated that he would take action to protect his interests.
Depay joined Corinthians in September 2024 after leaving Atlético Madrid and finished his spell with 79 appearances, 20 goals and 15 assists. He helped the club win the 2025 Campeonato Paulista and Copa do Brasil, as well as the 2026 Supercopa Rei. In the 2025 season alone, he recorded 12 goals and 10 assists in 51 matches, according to UOL.
FIFA threat could create another problem for Corinthians
The financial consequences could now be significantly more serious for Corinthians. The club's estimated debt has already increased from around R$42 million to R$77 million with interest and adjustments, while UOL reports that the amount could rise further if the dispute reaches FIFA and additional penalties are imposed.
Depay is reportedly expected to demand payment rather than accept the instalment arrangement previously discussed. If FIFA rules in his favour and Corinthians fails to comply, the Brazilian club could face another transfer ban. That would add another major complication to a financial crisis that has already affected the club's ability to operate in the transfer market.