The approved regime involves around R$450 million in civil debts, such as compensation and contractual charges. Previously, these amounts were collected in actions spread across the courts, with a constant risk of seizures and blocking.
Thus, the judge ordered creditors to be notified to provide their bank details, which will allow the transfers to be carried out within the new plan. From this point on, the club will be able to start complying with the official debt repayment schedule.
In relation to the resources that are already in a judicial account, the Judicial Administrator was ordered to present a distribution plan. This division will follow the rules previously established by the Court for the operation of the RCE.
Impact of RCE on Corinthians
The Centralized Execution Regime concentrates, in a single court, all civil executions against the debtor. In practice, it organizes the line of creditors, defines uniform payment criteria and avoids occasional blockages of revenue, giving more predictability to cash flow.
Internally, approval is seen as a milestone for the current management. With the plan validated, Corinthians now has a formal payment schedule and a more stable legal environment to negotiate with creditors and plan its finances.
