Botafogo: Eagle requires suspension of John Textor through Justice

by Andrea
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Eagle Football brought to court the request for suspension of US John Texor, owner of Botafogo’s SAF.

According to information from “GE”, Holding filed a lawsuit against the entrepreneur at the 2nd Business Court of the Rio de Janeiro Court of Justice. The company’s shareholders said Textor committed several “illicit measures” in charge of the glorious recently.

“If no brakes are imposed, Mr. Textor will continue to cause irreparable damage to and Botafogo, above all, through the imminent dilution of Eagle Bidco’s participation in Botafogo and the realization of complex and injurious operations, with third parties, in foreign jurisdictions,” the company said, “

One of John Textor’s measures was the alleged assignment of carioca club credits for a company located on the Cayman Islands, in amounts that reach € 150 million (956 million reais in the current price).

Any action of this level would need to pass the director of Eagle Football, Scottish Christopher Mallon. However, Textor approved the assignment of credits at the Extraordinary General Assembly of Botafogo shareholders, which took place on July 17.

Output from Eagle, John Textor wishes to repurchase the glorious. Holding wants to sell the alvinegra team, but not to the American, as, in the present way, it would act as “buyer and seller”, simultaneously, representing a conflict of interest.

John seeks to complete the operation with this new company in the Cayman Islands and Greek investor support Evangelos Marinakisdono do Nottingham Forest.

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