According to Globo.com, São Paulo are negotiating to rescind the contract of Matheus Belém. The club and the player have agreed on the main terms for the rescission, which is pending financial approval from the finance department. The amount to be paid has also been agreed upon, but a lack of funds is delaying the departure, as São Paulo owes Belém for image rights and other values. The parties still need to define a payment schedule based on the club's cash flow. The rescission awaits a financial injection, potentially from a Ticketmaster agreement that is expected to provide R$ 140 million within 45 days of signing. While waiting for the rescission, Matheus Belém is training separately from the main squad.

ESPN BR reports that Matheus Belém is one of five players not in Dorival's plans at São Paulo and has been released for negotiation. He trains separately from the squad and does not have a chance of being reintegrated.

According to Globo.com, Matheus Belém was not included in the São Paulo squad's return to training and has been authorized by the club to find a new club. The player's contract is valid until the end of the year, and he will be permitted to sign a pre-contract starting in July. Matheus Belém had not been receiving opportunities with the first team.

ESPN BR reports that Matheus Belém is expected to leave if he receives offers.