Eagle imposes a condition for selling Botafogo to Textor

Eagle imposes a condition for selling Botafogo to Textor


The managers require the particle departure from the power to negotiate the SAF of glorious




Eagle Football Holdings plays hard to sell Botafogo’s SAF. Despite the attempt to buy back John Texor, who received financial support from the Greek Marinakis of Magnata Evangelos, there is still a condition for negotiations to advance. After all, the group managers would agree to negotiate glorious actions only if the American leaves power, according to “or globe”.

Owner of 90% of Botafogo’s SAF shares, Eagle Football is led by the former American partners, who broke the partnership in April after the financial crisis that almost lowered Lyon. After all, the main dispute on the Textor is with Ares Management, the investment fund that lent money to the purchase of the French club in 2022.

Textor was replaced by Michele Kang as President of Lyon. He was responsible for the loan. The American debt with the investment fund is close to $ 500 million ($ 2.8 billion). The company includes that it is unable to pay. So you want to pull it out of the command of all your clubs. Botafogo and Rwdm Brussels actions have been placed as guarantees.

Despite the controversy, the former park Textors do not oppose the sale of the club. However, they don’t sell it until the SAF task will follow. After all, they believe that the stay of the Textor at the head of the operation creates a conflict of interest, since he would have acted simultaneously as a buyer and seller of the asset. The businessman, however, refuses to give up the command.

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Source: Terra

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