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The sale of the naming rights to Arena Corinthians will represent a milestone in Brazilian soccer, according to the club’s president, Andrés Sánchez.
In a ceremony this Monday night, at the “turning point” of Corinthians’ 110th birthday, Andrés Sánchez spoke enthusiastically about the naming rights agreement with the Hypera Pharma group, which will pay R $ 300 million for a 20 years. years.
– It will be a paradigm. It will change the structure of football with the new name. It will surely be another new monetary boom in football clubs. Not just in Corinthians. We will be examples again.
– We had big problems, difficult sagas, we were 23 years without titles. They made fun that we didn’t have a passport. We won the Libertadores, the World Cup said “it was, it wasn’t” and we won the second World Cup. There was no CT, we did CT. There was no base CT, we are finishing the base CT. Thank God and with the strength of the couple, we have names. It will be a great partnership, all fans will know how to honor this, which will be good not only for Corinthians, but for football as a whole, declared the president.
Andrés Sánchez, during an event on Monday night – Photo: Playback
For a 20-year contract, Corinthians will receive R $ 300 million from Hypera Pharma. The amount will be used in full to pay for the financing of the Arena work.
The sale of the naming rights is an important help for Corinthians to pay off the debt for the construction of the stadium. Currently, Caixa Econômica Federal charges R $ 536 million of Timão. The club also has a debt with Odebrecht, a company that is in the process of judicial reorganization. However, according to President Andrés Sánchez, there is already an agreement for this debt to be zero.
– Two more parts remain. Let’s do it. It is a pleasure, an honor to be president. Say the new name of the arena. I feel fulfilled as a Corinthians player and dreaming as president. We have had good and bad times. One thing that no one can deny: I always fought and fought for Corinthians and the fans. We are more than 35 million. I want to thank the fans, on their behalf, we are doing something that they were charging us for. Better things will come, playing with dignity and contesting titles – said Andrés.