Part 5/7:
As discussions ensue about the potential impact of financial fair play in Brazil, particular focus rests on clubs such as Corinthians. Should Brazilian leagues implement these regulations, the outlook for clubs with substantial debts is grim. Corinthian’s financial situation could force it into judicial recovery unless systematic changes are made. The concept of maintaining a spending cap—typically suggested to be around 70% of revenue—could become a reality, leaving clubs with substantial debts at risk of punishment, including potential relegation or transfer bans.