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RE: LeoThread 2024-12-06 14:43

in LeoFinancelast month

Part 5/9:

In light of these dire circumstances, discussions surrounding a Reorganization of Creditors (RCE) have gained traction, drawing parallels with other clubs that have undertaken similar restructuring. The necessity of instituting a structured repayment plan cannot be overstated. The law stipulates that up to 20% of Corinthians' revenue must be allocated towards settling these debts. Failure to comply could result in the club reverting back to a precarious financial standing, further complicating their efforts to secure a stable future.