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RE: LeoThread 2024-12-06 14:43

in LeoFinancelast month

Part 5/7:

Besides the on-field struggles, the financial situation of the club is alarming. Recent reports suggest that the debt has ballooned to approximately 2.3 billion Brazilian Reais—a staggering figure that raises serious concerns about the club’s financial stability. With discussions of a potential judicial recovery on the horizon, the future remains uncertain for Corinthians.

The shadows of mismanagement loom large as comparisons are drawn with other clubs in similar predicaments, most notably Cruzeiro, which has faced severe repercussions for its own financial missteps. The stark contrast in trajectories between Corinthians and clubs like Flamengo, which underwent a successful revival, adds a layer of complexity to the ongoing narrative.

Inner Turmoil and Management Issues