Previously, there were reports from Brazil indicating that New York City FC was owed millions in unpaid fees related to the 2024 loan of forward Talles Magno to SC Corinthians Paulista in Brazil.
Now, there's an official ruling from FIFA in the dispute available for all to read. In that ruling, dated February 17, 2026, soccer's governing body ruled in New York City's favor in this Talles-centered dispute, ordering Corinthians to pay them $850,000, the amount they owed for extending Talles Magno's loan through the end of 2025, plus 15% interest per annum, with Corinthians also expected to pay many thousands in other fees to FIFA as part of the dispute. You can read the full 12-page ruling from FIFA here.
Corinthians is reportedly appealing the ruling to the Court of Arbitration for Sport (CAS), so it's not clear if the matter is completely settled, or if the $850,000 payment, plus interest, has been sent NYCFC's way. The proceedings began on January 8, 2026, when NYCFC first filed their claim against Corinthians.
The original report from Brazilian outlet UOL mentioned recently in our pages indicated NYCFC was also looking for an additional $1.5 million due to Corinthians not exercising their option to buy Talles Magno, but that amount is not mentioned at all in the official FIFA dispute, so the "millions" owed drops down into the high-hundred-thousands.
According to that FIFA dispute ruling, Corinthians "had the option to extend the loan until 31 December 2025, provided it gave notice in writing to the Claimant [NYCFC] on or before 1 June 2025 and in exchange for a loan fee of USD 850,000 payable on or before 1 August 2025."
Corinthians gave indication to NYCFC that they'd be extending Talles's loan on March 4, 2025. According to the terms of the original August 2024 loan agreement, that meant Corinthians had to pay NYCFC $850,000 on or before August 1, 2025.
The money never showed up. As FIFA's ruling indicates, "MLS issued the relevant invoice on 6 August 2025 and subsequently followed up with the Respondent [Corinthians] on 13 August 2025 and 26 August 2025. However, the Respondent had neither made any payment nor contacted MLS or the Claimant [NYCFC] to provide any justification for its non-compliance."
Corinthians didn't dispute the fact that the money never got paid, but argued that they were prevented from making the agreed-upon $850,000 payment due to "force majeure," specifically that the Brazilian club had to remove one of its former presidents and install a new one, and also that they were ordered by the Brazilian Football Federation to get on a payment plan to address its outstanding player debts, which are numerous.
According to reporting by Brazilian outlet GeGlobo about the resolution of this NYCFC-Corinthians loan dispute, this is one in a number of similar issues plaguing the Brazilian club. They are under a transfer ban and still owe Philadelphia Union $1.425 million for the purchase of midfielder José Martínez, plus there are other cases open against Corinthians over their acquisitions of Rodrigo Garro from Talleres in Argentina and Charles from FC Midtjylland in Denmark.
