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Brazilian club Corinthians announced that they are retracting from extending the contract of Dutch player Memphis Depay for financial reasons, despite a prior agreement to keep him until 2028. Depay's contract ended on July 31st, and he expressed disappointment over the club's decision not to honor the agreement, despite his efforts to stay, knowing that the club owes him €7.2 million in salaries and dues. The club is facing debts of approximately €420 million, which led to the decision to withdraw from the renewal in order to maintain financial stability.
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