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The creditor landscape is daunting, featuring significant amounts owed to powerful football agents. For instance, Julião Bertolotti claims 78 million Reais, while Carlos Leite seeks 75 million, and André Cury is owed about 28.8 million. Notably, Bertolotti has not pursued court action against the club, indicating that the situation could potentially worsen if more creditors decide to enforce their claims.

The Financial Recovery Plan

Corinthians recently succeeded in halting some of its legal troubles by suspending certain executions related to its debts. Yet, that respite is temporary. The club has just 60 days to present a plan outlining how it will begin repaying its debts. Failure to comply could result in severe financial penalties, exacerbating the crisis further.