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4 clusters · 11 sources · 27 days · First seen · Last updated

JP Chermont transfer from Santos to Sharjah FC

Overview

Santos FC entered negotiations to sell 20-year-old right-back JP Chermont to Sharjah FC in the United Arab Emirates for approximately R$ 18 million ($3.45 million to $3.5 million). The deal was intended to provide financial relief for Santos to manage its payroll and accounts. Under the terms, Coritiba, where Chermont was on loan, was entitled to a 10% showcase fee.

The transfer has since been completed. Santos holds 80% of the player’s economic rights and is expected to net roughly R$ 9 million from the transaction. Chermont joins a Sharjah FC squad that already features several Brazilian players.

Following the transfer, Santos reached an agreement with Coritiba regarding the management of the sale proceeds. The deal includes an upfront payment of approximately US$ 2.5 million (R$ 12.9 million), with an additional US$ 1 million contingent on performance milestones. To address immediate liquidity issues and a financial crisis involving two months of overdue image rights payments, Santos has negotiated a delay in payments to Coritiba and Chermont’s staff. These settlements, which include Coritiba’s 10% sell-on fee and the player’s 15% share, will only be finalized once specific performance targets are met at Sharjah FC. The club continues to manage a monthly payroll of approximately R$ 30 million.

On October 19, 2026, Santos FC received the US$ 2.5 million (approximately R$ 12.6 million) fixed portion of the transfer fee from Sharjah FC. The payment arrived after several weeks of delay; Sharjah FC had previously requested more time due to cash flow issues and asked Santos not to escalate the matter to FIFA. While the influx of capital provides relief for settling overdue image rights, Santos remains under financial pressure, including four FIFA blocks related to debts exceeding R$ 15 million owed to former coach Pedro Caixinha.

Entities

JP Chermont · Sharjah FC · Coritiba · Santos FC · FIFA

Timeline

  1. [SPORTS] 5 sources
    Santos FC receives US$ 2.5 million from Sharjah FC for JP Chermont transfer

    Santos FC received US$ 2.5 million from Sharjah FC for the transfer of JP Chermont, providing much-needed liquidity to settle athlete image rights and address ongoing financial pressures.

  2. [SPORTS] 2 sources
    Santos negotiates financial relief through JP Chermont sale

    Santos FC has negotiated a deal regarding JP Chermont's transfer to Sharjah FC, delaying payments to Coritiba and the player to use immediate funds to settle overdue image rights for its squad.

  3. [SPORTS] 2 sources
    JP Chermont transfers from Santos to Sharjah FC

    Santos defender JP Chermont has transferred to Sharjah FC in the UAE for approximately $3.5 million, with Coritiba set to receive a 10% showcase fee from the deal.

  4. [SPORTS] 3 sources
    Santos FC nears R$ 18 million deal to sell JP Chermont to Sharjah FC

    Santos FC is close to selling right-back JP Chermont to UAE's Sharjah FC for approximately R$ 18 million ($3.45M).

Sources

br.bolavip.com · diariodoestadogo.com.br · esporte.ig.com.br · esportenaredemt.com.br · fatopaulista.com.br · hopkinsmedicine.org · nsctotal.com.br · terra.com.br · torcedores.com · viagemegastronomia.com.br · vitrinedocariri.com.br

This summary has been updated 2 times: see revision history