The São Paulo club has been without a main sponsor since the termination of its contract with bookmaker VaideBet.
There is no progress in main sponsor negotiations between Corinthians and bookmaker Parimatch. According to an article published on the Uol website on July 12, 2024, the club has other ongoing negotiations, but they are far from a final agreement.
At the beginning of July, there were expectations that Corinthians and the betting operator would sign a lucrative deal. A three-year contract is expected, with Corinthians receiving R$85 million in the first year, R$105 million in the second and R$1.2 in the final period in July 2027. billion reais, totaling 310 million reais at the end of the contract. However, negotiations have apparently cooled and Parimatch will not become the Sao Paulo club's new sponsor.
Corinthians have been without a main sponsor since June 7, when former partner and bookmaker VaideBet requested terminated the contract on the grounds that they believed the brand's image was being damaged by news surrounding an investigation into an Orange firm being used to broker the deal with Corinthians. The case is being investigated by the São Paulo Civil Police.
According to information, betting companies are still most interested in sponsoring the club, but the value and conditions provided have not been met. Corinthians.
