Corinthians has agreed to sign midfielder Romulo Elisio and playmaker Lucas Emanuel, known as Lukinha, for its U-20 squad, according to reports from Itatiaia and TMC. Both players, who previously played for Ponte Preta, are currently training at the club’s facilities but cannot be officially registered until Corinthians resolves several outstanding financial debts that have triggered “transfer bans.”
Financial Hurdles and the R$ 21.9 Million Debt
Corinthians cannot register new professional contracts due to three specific financial penalties. According to data provided by TMC, the club must pay approximately R$ 21.9 million to lift these restrictions. The debt is split across three different entities:
- Philadelphia Union (USA): R$ 7.7 million (US$ 1.425 million plus US$ 100 mil in process expenses) related to the signing of José Martínez.
- CNRD (National Dispute Resolution Chamber): R$ 8 million (US$ 1.57 million) for an overdue fifth installment of a settled agreement.
- Midtjylland (Denmark): R$ 6.2 million (€ 1 million plus US$ 85 mil in process expenses) regarding an unpaid installment for the purchase of midfielder Charles.
Itatiaia reports that the club has not set a specific deadline for clearing these penalties. The administration is currently prioritizing the payment of outstanding financial obligations to the professional squad, which includes one month of unpaid image rights, according to TMC.
Did you know? A “transfer ban” is a sporting sanction imposed by FIFA or national bodies that prevents a club from registering new players until a financial debt to another club or player is settled.
Player Profiles: Romulo Elisio and Lukinha
Both recruits rescinded their contracts with Ponte Preta in July. While they are destined for the U-20 team, both have already seen action with the professional side in Campinas.
Romulo Elisio, 19, appeared in three matches for Ponte Preta’s professional team during this season’s Campeonato Paulista. His career path includes stints at Taquaritinga, Novorizontino, Paulínia, and Ceará, according to TMC.
Lucas Emanuel (Lukinha) made seven professional appearances in the state championship, per Itatiaia. TMC adds that he has a total of eight appearances for the senior team, including a match against Corinthians in the opening round of the Paulista this year.
Targeting Youth Talent: The Nicolas Lopes Pursuit
Beyond the duo from the professional ranks, Corinthians is pursuing 16-year-old midfielder Nicolas Lopes. According to TMC, Lopes is the number 10 for the Ponte Preta U-17 squad and has scored eight goals in 15 matches, including two goals in a recent 2-2 draw against Palmeiras.
TMC reports that the proposal for Lopes does not involve a financial transaction but rather a division of economic rights. Like Elisio and Lukinha, Lopes’ registration would depend on the resolution of the current transfer bans.
Pro Tip: When following youth recruitment in Brazilian football, keep an eye on “economic rights” deals. These often allow clubs to secure talent without immediate cash outflows, which is critical for teams managing debt.
FAQ: Corinthians Transfer Ban
Why can’t Corinthians register Romulo Elisio and Lukinha?
The club is under transfer bans due to unpaid debts to Midtjylland, Philadelphia Union, and the CNRD.

How much does Corinthians owe to lift the bans?
According to TMC, the total amount is approximately R$ 21.9 million.
Are the players already at the club?
Yes, Itatiaia reports that the duo is already training at the club’s facilities while awaiting registration.
What do you think about Corinthians’ strategy of prioritizing professional squad payments over youth registrations? Let us know in the comments or subscribe to our newsletter for more updates on Brazilian football.