Corinthians Delays Payment of Court Agreement and Receives Ultimatum From the Public Prosecutor's Office
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Portal GMC Online
O LiberalIn a severe financial crisis, the Corinthians received this Thursday, 22, an ultimatum from the administrator of the Centralized Execution System (CER)...
Club has 15 days to remove overdue debts, or you may lose tax benefits and asset shielding from the Centralized Execution Scheme The post Corinthians delays payment of court agreement and receives ultimatum from the Public Prosecutor's Office apareceu primeiro em Machine do Sport.
The Public Prosecutor's Office gave 15 days for the Corinthians to pay R$ 10.14 million in arrears and to clarify movements of R$ 26.03 million attributed to the Box and R$ 32.78 million received from Nike. The club also needs to publish a reverse auction editorial and to ascertain pendings with creditors. Failure to meet the requirements may threaten the protection of the CER.
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