---
title: "Memphis Depay's Contract Not Extended by Corinthians Due to Finances"
url: https://projectchintan.com/article/corinthians-not-renewing-memphis-depay-contract-zrq3l
publisher: Project Chintan
author: Project Chintan Newsroom
section: Business
published: 2026-08-12T04:04:43.744Z
modified: 2026-08-12T08:00:12.755Z
language: en-IN
---

# Memphis Depay's Contract Not Extended by Corinthians Due to Finances

Corinthians will not extend Memphis Depay's contract, citing financial constraints despite previous indications of renewal. The club expressed gratitude for his contributions and trophies won.

## Key takeaways

- Corinthians will not extend Memphis Depay's contract.
- The club cited financial reasons as the sole basis for the decision.
- Depay joined Corinthians on a free transfer in late 2024.
- He played 79 games, scored 20 goals, and won three titles with the club.

Memphis Depay is set to leave Corinthians as the Brazilian club has decided against renewing his expiring contract. This comes as a surprise, following recent statements by Corinthians' coach Fernando Diniz suggesting a contract extension was imminent.

Corinthians stated that the decision was made solely due to the club's financial situation, not based on Depay's performance. The club acknowledged the difficulty of the choice but deemed it necessary due to financial obligations that prevented them from entering into a new agreement of significant size. They expressed gratitude for Depay's dedication and the achievements he helped the team accomplish.

Memphis Depay joined Corinthians on a free transfer in late 2024. During his tenure, he played 79 matches, scoring 20 goals, and contributed to winning three titles: the state championship, the Brazilian Cup, and the Brazilian Supercup.

Club president Osmar Stabile is scheduled to hold a press conference in the coming days to provide further details.

---
Canonical: https://projectchintan.com/article/corinthians-not-renewing-memphis-depay-contract-zrq3l
Reported from: Multiple Sources