Memphis Depay has performed a u-turn and signed a new contract with Corinthians, less than a week after branding the clubs refusal to honour a planned extension as unacceptable. It seemed the Netherlands internationals two-year stint in Brazil was coming to an end after he accused the club of failing to comply with pre-agreed terms over a new deal.Corinthians admitted they could not afford what they had initially proposed but, following negotiations, a new two-year contract has been agreed with Depay wiling to write off a chunk of money he was owed.Club president Osmar Stabile said: Everythings fine but it was hard work. Obviously, you cant get an international star done very quickly it was a lengthy process but everything worked out.We had a personal meeting and he managed to reduce the numbers that his team couldnt achieve. We did what was best for Corinthians, especially in financial terms.Table of ContentsCorinthians chief received threats after initial deal with Depay broke downDepay performs u-turn to stay at CorinthiansCorinthians chief received threats after initial deal with Depay broke downFormer Barcelona, Atletico Madrid and Manchester United forward Depay has scored 20 goals in 79 appearances for Corinthians, helping them win the Copa do Brasil and the Supercopa do Brasil.According to ESPN Brasil, he has waived around �2.9million to stay with the Sao Paulo club.[Depay] reduced it significantly, added Stabile. I dont want to discuss numbers but he made a considerable reduction because of the circumstances, because of his desire to stay, and because Corinthians needed to find a way to pay. I believe we can afford this contract.The deal is a major relief for Stabile, who received threats from fans angry that their star man may be forced to leave.We suffered the consequences, they leaked my phone, they leaked my daughters phones, they invaded my bank accounts, my daughters, my wifes, he said. It was a difficult situation, no-one deserves a situation like this. There were people showing knives, people showing revolvers. We are now taking the necessary measures. We know that there are a lot of bandits involved, sending WhatsApps to my family. I dont wish that on anyone.Depay performs u-turn to stay at CorinthiansIt is quite the about-turn from Depay, who last week outlined his frustration at Corinthians stance and vowed to take action.He wrote on social media: This renewal was explicitly agreed upon by the president as well as the sporting, legal and financial department. Some people decided however to breach this engagement.I didnt want this situation and always respected the club throughout the process, but now I am forced to react strongly in order to preserve my interests.In the upcoming days I will speak publicly but rest assured that I will not leave this unacceptable behaviour unsanctioned. Topics Memphis Depay Sport Club Corinthians Paulista Add us as a preferred source on Google If you enjoy reading this article, you can help support our independent football journalism by adding 101 Great Goals as a preferred source You Should Also Read Former Man United and Barcelona star Depay vows to take action after Corinthians backtrack on contract offer Jon Fisher 12th August, 2026 Jesse Lingardsigns for Brazilian side Corinthians until the end of the year 101 GreatGoals 6th March, 2026 Segundo Castillo: Is he the best-dressed coach in world football? Jon Fisher 6th March, 2025 BREAKING: Newcastle complete signing of Dedic Jon Fisher 18th August, 2026 Fantasy Premier League 2026/27: Five key tips to help you succeed Blake Hurst 18th August, 2026 Now is the time to talk about it Kane reveals imminent Bayern contract talks Nicholas McGee 17th August, 2026
