Corinthians have shut down talk of Chelsea midfielder Deco joining the Brazilians.

Corinthians president Andres Sanches says he has no plans recruit more players after shelling out on Brazil legends Ronaldo and Roberto Carlos in a bid to celebrate their centenary year in style.

Mano Menezes, the club's coach, earlier this month admitted he would love to welcome Deco to the side, but Sanches has closed the door, saying: "We will not hire anymore players. Deco has a contract with Chelsea."