# Corinthians SAF proposal and debt settlement negotiations > Live situation record from CLSTR: https://clstr.news/situations/corinthians-saf-proposal-and-debt-settlement-negotiations > Updated: 2026-09-01T01:05:26.000Z. Sources: 12. Developments: 2. Corinthians President Osmar Stabile has reached a preliminary agreement with the group ‘SAFiel’ to pursue the creation of a Football Corporation (SAF). This agreement is contingent upon ‘SAFiel’ providing the funds required to settle the club’s debt concerning the Neo Química Arena. Following this initial understanding, SAFiel submitted a formal proposal to the club’s board. The proposal outlines a commitment to structure the financial means to address the approximately R$ 642 million debt owed to Caixa Econômica Federal. Rather than an immediate cash injection, the group intends to use legal and market advisors to manage debt assumption or restructuring. To advance the transition, SAFiel has requested an urgent meeting with club leadership to obtain authorization for direct negotiations with the bank and has requested access to the club’s financial, contractual, and fiscal information. ## Timeline ### 2026-09-01: Corinthians receives SAFiel proposal to settle Arena debt SAFiel has proposed a plan to Corinthians to structure the settlement of the R$ 642 million Neo Química Arena debt with Caixa Econômica Federal. 3 sources. https://clstr.news/cluster/corinthians-receives-safiel-proposal-to-settle-arena-debt ### 2026-08-28: Corinthians President discusses SAF proposal and player contract clauses Corinthians President Osmar Stabile has agreed to discuss a SAF proposal with ‘SAFiel’ to settle stadium debts and confirmed ‘anti-political’ clauses in player contracts following Memphis Depay's controversial' 9 sources. https://clstr.news/cluster/corinthians-implements-contract-clause-banning-internal-political-involvement --- Cite as: Corinthians SAF proposal and debt settlement negotiations. CLSTR, https://clstr.news/situations/corinthians-saf-proposal-and-debt-settlement-negotiations