Memphis Depay agreed to take a pay cut to remain at Corinthians – days after the Brazilian club decided against renewing his contract. The former Manchester United forward accused Corinthians of “unacceptable behaviour” last week after the club withdrew a previously agreed extension on a two-year deal signed in 2024. But Corinthians president Osmar Stabile has now confirmed the Netherlands forward has reduced his financial demands “significantly” in order to sign a new contract with the Sao Paulo club until 2028. “Everything’s fine but it was hard work,” Stabile said. “Obviously, you can’t get an international star done very quickly – it was a lengthy process but everything worked out. “We had a personal meeting and he managed to reduce numbers that his team couldn’t achieve.
We did what was best for Corinthians, especially in financial terms.”
The 32-year-old has scored 20 goals in 79 appearances for Corinthians and helped them win the Copa do Brasil in 2025 and the Supercopa do Brasil this year. But the club, who are ninth in Brazil’s Serie A, had originally decided not to extend his contract over concerns over their finances.