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Memphis Depay Leaves Corinthians After Contract Renewal Row

Financial limits cited by the club may be followed by legal claims from Depay over an alleged broken agreement.

Overview

  • The club announced on Tuesday that it would not renew Memphis Depay’s contract for financial reasons, making the 32-year-old a free agent.
  • Hours after the announcement, Depay posted that a two-year extension had been agreed with the president and club departments and that those promises were later broken.
  • Dutch media and ESPN reports say Depay is preparing a claim of roughly €30 million that would seek overdue payments and sums linked to the stalled extension.
  • Corinthians has scheduled a press conference with president Osmar Stabile to explain the decision and defend the club’s financial position.
  • Depay’s exit removes a player who scored 20 goals in 79 appearances and won three domestic trophies, and the dispute could test Corinthians’ finances, governance and short-term squad planning.