Brazilian cash flow spikes as Memphis Depay inks Corinthians deal

Memphis Depay has signed a new contract with Corinthians that guarantees €22 million over the next two years, including an annual salary of €6.5 million, and his bank account in Brazil is reportedly swelling as a result.

The past few weeks in São Paulo have unfolded like a soap opera, with the Dutch striker initially set to extend his deal, then backing out, and finally confirming the renewal again.

Depay, who has been with Corinthians for some time, is described as the all‑time top scorer of the Dutch national team and is currently more fit than injured.

Financial structure of the new contract

The €22 million total comprises a €9 million outstanding debt from his previous agreement and an additional €13 million allocated to the new two‑year commitment.

Brazil the €6.5 million yearly wage will be paid while the €9 million debt is scheduled to be cleared in four installments, raising questions about cash‑flow management.

Club officials acknowledge that the repayment plan must align with the flamboyant attacker’s salary, though the exact impact remains uncertain.

Perks beyond the paycheck

Beyond the salary, Depay will receive two private boxes at the stadium, exclusive data to organise private events, and bonuses tied to team performance.

It is still unclear whether he will be available to play this week, as his participation has not been confirmed.

Supporters are encouraged to keep following the evolving story as further details emerge.