Corinthians confirm Memphis Depay contract renewal

Corinthians confirm Memphis Depay contract renewal Corinthians president Osmar Stabile confirmed on Monday night (17) the renewal of forward Memphis Depay’s contract. The decision brings an end to a dramatic twist in the negotiations and secures the player’s stay at the São Paulo club. Details of the new deal Duration: The new contract will run until mid-2028. Reintegration: The 32-year-old Dutchman is expected at CT Joaquim Grava on Tuesday morning (18) to join the squad led by coach Fernando Diniz. Financial adjustment: The forward agreed to a considerable reduction in his demands, lowering the total value of the contract by around R$ 30 million. Twist in the negotiations The confirmation of Memphis’s stay comes after tense moments behind the scenes. Earlier, president Osmar Stabile had issued an official statement ending the negotiations, claiming that the club needed to maintain financial responsibility. However, after facing strong pressure from the fans and receiving threats, Stabile backed down and reopened talks, demanding a reduction in the figures. To make the deal official, the president sought to share responsibility for the decision and secured unanimous approval from the Advisory Council (Cori) at a meeting held at Parque São Jorge. "The paperwork is being uploaded. As soon as it is entered into the system, I will sign it. He came down quite a bit—I didn’t want to talk about numbers, but he reduced the contract considerably. From what I felt and from the work we did, both legally, administratively, and financially, it is possible for us to pay this contract," said Osmar Stabile, Corinthians president, in an interview given at Parque São Jorge. This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.