SAF Botafogo’s contract stipulates that an American businessman must invest at least R$350 million over four years in the club
Owner of SAF do Botafogo, John Textor paid a financial contribution of R$ 113.9 million to the Juventus coffers in 2024. The payment took place at the end of March. The entrepreneur’s action is part of the purchase agreement of the club, which took place at the beginning of 2022. The information comes from “ge”.
Contributed by John Textor
The SAF Botafogo purchase contract stipulates that John Textor must invest at least R$350 million over four years. The agreement, in this way, is a way to convey financial security to the institution. Payments must be made by the American in four contributions.
Contributions to Botafogo
2022 – R$100 million (Done)
2023 – R$ 102.2 million (Done)
2024 – R$ 113.9 million (Done)
2025 – R$50 million (pending)
Botafogo Funds
The funds paid were used for emergency measures and to increase the club’s cash flow. In fact, it is important to highlight that these values cited serve only as a basis. After all, John Textor has already exceeded these figures in recent years with transfers and internal jobs.
Indeed, Botafogo is going through a good moment. In addition to the financial reorganization of the club, the Juventus players have won their last four matches and are leading the Brasileirão. After all, Artur Jorge, this is the name chosen by John Textor, is doing a good job in Brazilian football.
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Source: Terra
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