Corinthians managers accused by Public Attorney's office

Several top managers from popular Brazilian club Corinthians were accused by the Brazilian Public Attorney's office this past week, due to the involvement with international investment fund MSI. They were accused of illegal financial operations, including money laundering. According to the Folha de Sao Paulo newspaper, the investigation also mentions possible plans by the team and MSI to use financial means to prevent the team from being relegated, if it ever were in risk of doing so. The federal authorities recorded some conversations between the team and the fund managers, but did not give out many details as the investigation is still ongoing. The recordings also show team and MSI officials discussing details about buying and selling players abroad, with illegal transfer of money for these transactions, tax evasion and bribing.

In another note, the team has lost its legal battle in international courts against French side Lyon, and must now pay 8 million euros that had not been paid in the transfer of forward Nilmar.