Part 7/10:
However, this on-pitch success contrasts sharply with the distressing realities of the club's governance. The disconnection between the team’s performance and the administrative struggles raises questions about the board’s effectiveness. While the footballing side may be flourishing, off-the-pitch issues threaten the stability and future of the organization.
The Financial Quagmire
Financially, Corinthians is on a precarious edge, reporting debts nearing BRL 3 billion. The current management has promised high salaries to attract key players, which further aggravates the financial strain. Observers point out that the current salary structure appears inflated, establishing an unsustainable model for the club.