Key Takeaways:
- Memphis Depay departed Corinthians after the club opted not to extend his contract, which expired on August 1st
- The Dutch striker registered 20 goals and 15 assists in 79 appearances, helping the club secure the Campeonato Paulista and Brazilian Cup in 2025, and the Supercopa Rei in 2026
- Corinthians cited financial sustainability as the primary reason for not renewing Depay’s contract
Departure Confirmed After Expiry of Contract
Memphis Depay, who joined Corinthians in 2024, has exited the Brazilian club after his contract lapsed on August 1st. Despite initial discussions that indicated a likely extension, manager Fernando Diniz revealed the two sides appeared close to a deal before Corinthians ultimately determined that the Dutch striker’s contract would not be renewed, confirming the decision on Tuesday.
Nota oficial
O Sport Club Corinthians Paulista decidiu não renovar o contrato do atleta Memphis Depay. Esta decisão foi tomada única e exclusivamente em consideração à saúde financeira da nossa instituição, que demanda um rigoroso equilíbrio e responsabilidade na gestão dos… pic.twitter.com/6HWAU6UJut
— Corinthians (@Corinthians) August 11, 2026
Club Statement Cites Financial Constraints
Corinthians explained their reasoning in an official statement, emphasising the necessity to maintain the institution’s financial stability. “This decision was taken solely and exclusively in consideration of the financial health of our institution, which demands rigorous balance and responsibility in the management of available resources,” the club said. The statement further outlined that under the current and future financial landscape, a renewed commitment to Depay could not align with the financial balance required for sustainability.
Depay’s Contributions and Achievements
During his spell at Timao, Depay made 79 appearances, tallying 20 goals and 15 assists. His impact proved decisive as Corinthians secured three major trophies – winning the Campeonato Paulista and the Brazilian Cup in 2025, and adding the Supercopa Rei title in 2026.
| Season | Appearances | Goals | Assists | Honours |
|---|---|---|---|---|
| 2024-2026 | 79 | 20 | 15 | Campeonato Paulista (2025), Brazilian Cup (2025), Supercopa Rei (2026) |
Appreciation for the Dutch Striker
The club expressed significant gratitude to Depay for his professionalism and dedication over the past two years. “We would like to express our deep gratitude to player Memphis Depay and his entire team, who from the start of negotiations sought the best possible agreement. To the player in particular, the club are eternally grateful for the dedication and the results achieved throughout his journey with us.”
International Career and Recent Activity
Depay, the Netherlands’ all-time leading goalscorer with 112 caps, featured at the 2026 FIFA World Cup, making three appearances and notching an assist for Oranje.
