Corinthians’ latest stance on Memphis Depay

Corinthians, the Brazilian club, has reached an agreement with Dutch player Memphis Depay to extend his contract until June 2028. This comes after the club had previously announced that they would not renew his contract due to financial difficulties. The new contract lasts for two years, valued at approximately $25 million, and includes owed payments to Depay amounting to around $8.3 million. The agreement follows lengthy negotiations in which Depay managed to reduce his financial demands. The club is facing debts estimated at around $480 million but continues to prioritize its financial commitments, despite its success in maintaining Depay's services, who has contributed to the team's winning of domestic and European titles.

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