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Corinthians' two finance officials gave a press conference Wednesday afternoon in the Parque So Jorge's amphitheater. And the news that both of them have come to the fans' attention has been more encouraging than expected after a bad team season.
Let's start with general and global club figures. According to Matias Antonio Romano de Vila, Chief Financial Officer, and Roberto Gavioli, Chief Financial Officer, Corinthians' total debt at the time of R $ 490 million or R $ 260 million in taxes and to be eliminated in the long term ( about 20 years).
The duo confirmed that the year 2018 ended with a deficit of R $ 18 million. Bad? Yes, but celebrated internally by comparison with the deficit of R $ 35 million in 2017.
"Our financial situation is stable, with no salary behind. We are reducing the deficit, our good cash position, and we are able to make investments. Should the Corinthians, by 2021, 75 million dollars, be between wages, suppliers, and so on? … priceless for a club with our arrecadao? Of course we will never be without doubt, because we will always have players, it will increase our heritage, "said the village of Matias.
Read also: The Council of Corinthians renegotiate and approve the budget estimates for 2014, Rosenberg causes irritation
"We must clear the budget deficit in the middle of next year and we will have no deficit in 2019, on the contrary." Matias Vila has explained that it was possible to close a positive amount of R $ 600,000 added the financial director, stating that the forecasts were quite high on the ground.
from this year to the next. R $ million is expected to reach R $ 190 million next year.We have just over 20 players who are not part of our distribution, but only from Corinthians and we pay to date. is that Rodriguinho, p For example, spent five years at the club and played for Corinthians, one year and eight months. We borrowed here, over there … then came back and shone. The forecast for 2019 to raise 54 million R $ with the sale of players – in recent years, the prayer was finally exceeded. This year, according to club officials, the transfer of athletes reported 109 million UK
Compared to the base, the cost of an expenditure of 20 million R. S & D Expressing on the basis, the leaders confirmed that the first part of the CT of the base would be delivered at the beginning of the year, as shown My Timo .
village again stated that the social club does not prejudge. He recalled that amateur sport was a pride, saying that only Real Madrid and Barcelona had the same active sports as Corinthians: football, women's football, futsal, swimming, basketball and volleyball.
"I need political will for that. "And our president (Andrs Sanchez), thank God, he did," said the CFO.
Copa do Brasil
The CFO stated that Corinthians had used the participation funds for the entire Brazil Cup. R $ 32 million) to eliminate debts with casting (previous awards), taxes and current expenses. And that, for the prayed, the Timo must reach at least the eighth final in 2019.
Explosion with the sponsorship of television and jersey
The optimism of the Corinthians board of directors in Regarding the financial part is essentially related to two situations
The new agreement with TV Globo for open, closed and à la carte transmissions should generate about R $ 240 million at the end of the year. The year is about R $ 70 million more than this year. The number of sponsorships of the shirt, which brought in R $ 38.7 million this year, is expected to R $ 64 million – value includes the money paid to Nike, a US supplier of 39, sports equipment.
"You predict well on the ground, it may be that it comes more. This larger TV collection helps us a lot in cash flow, not to mention Corinthians TV's, finished the village.
Council of Corinthians and So Jorge Park.
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