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The announcement of nomination rights by Arena Corinthians, made on the last matchday 31, meant for the current president Andrés Sánchez a goal scored at 49 in the second half in the final of the championship.
With little prospect of choosing a successor until the middle of last month, Sánchez went looking for a solution that seemed unlikely to tone down the criticism and increase the chances that his group will remain in power for at least another three years.
Since then, said by many that he is the worst president, there are those who change their tone and begin to look at him more for the advantages than for the disadvantages and benefits, for Corinthians in the decade that transformed the club from Serie B to Neo Chemistry Sand.
However, feet on the ground are required. Even in this moment of euphoria, it is necessary to strengthen the understanding that Andrés Sánchez and his group, although they deserve applause for the good negotiation carried out with the pharmaceutical company, made mistakes that further aggravated Corinthians’ debt.
Perhaps in numbers everything will be clear. During the 20 years of the contract, Timão will receive R $ 300 million, which will yield R $ 15 million each year that Neo Química maintains its name in our Arena. However, this year, the My rudder reported a dramatic increase in the club’s debt of R $ 177 million for 2019.
In percentage, the president “administrator” of Corinthians passed the benchmark in just one year almost 12 years ago naming rights that are pocketed by the club.
No, in this discussion it does not matter whether the money paid by Neo Química goes directly to pay off the debt with Caixa, because, in the end, the club’s assets merge and become one, either the debt due to mismanagement or agreements for the stadium discharge.
This means that, although Andrés Sánchez managed to put money down the “house tap”, more than half of that amount was drained directly down the “drain” in only 5% of that time.
Naming rights do not make up for last year’s shortfall, which will have to be paid for in some way, either through the box office (if published) or through player sales, endorsements and other contracts to the club.
Therefore, the great goal that Sánchez scored in the last two weeks cannot and should not erase the terrible management that his group has made, from an economic point of view, to the club in its second term. NR should not be viewed as a gift from the president to the club, but rather as a reduction in its harmful effects. In children, nothing changes the immediate need for alternation in power.
However, you have to be careful not to be fooled by the profits without considering the expenses. Andrés and his group did well on this issue and it is only that.
Thanks a lot and goodbye!
See more in: Andrs Sanchez and Naming Rights.
This text is the responsibility of the author and does not necessarily reflect the opinion of Meu Timo.
