A John Textor’s permanence in front of Botafogo’s SAF is increasingly uncertain. According to journalist Octávio Bocão, in Live on the channel “Resenha Alvinegra” this Monday (06/10), The American businessman can leave the control of alvinegro football amid the aggravation of the club’s internal and financial crisis.
According to Bocão, Textor and the President of Botafogo Associative, João Paulo Magalhães Lins, are no longer talking. Although they appeared together at the Golden Ball ceremony in Paris on September 22, the mood between the two was described as “bad”.
In addition to political wear, Botafogo faces financial difficulties and would need to raise about $ 200 million (R $ 1.06 billion) to end the year 2025 and ensure stability in 2026.
Earlier, journalist Wellington Arruda reported that the textor situation was uncertain.
The former Botafogo vice-president and defeated candidate in the last election, Vinicius Assumpção, used social networks to deny that the textor left the club after a rumor of immediate goodbye.
“Rumors are circulating that John Texor would have abandoned Botafogo’s SAF.” This is not true! I can say that he is still ahead of Saf Botafogo and also Eagle. We need to stay calm and be careful about what is disclosed on social networks – wrote Vinicius on his account on the social network “X”.
Given this scenario, a meeting is scheduled for Thursday (09/10), with the presence of CEO Thairo Arruda, the director of sports management Alessandro Brito and the director of football coordination Léo Coelho, to start the planning of next season.
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Textor lost control of Botafogo?
According to the Gazeta Botafogo portal, groups of investors linked to the Eagle Football holdings and the Ares Management corporation would come together to dismiss the SAF Alvinegra control entrepreneur. The dispute would have gained strength after a sequence of controversial decisions and financial difficulties attributed to its management.
According to the publication, the Iconic Sports group, led by James Dinan, Alexander Kroomster and Edward Eisler, would have managed to overthrow an injunction that secured the textor the command of part of the operations. The measure would have accelerated the plans for its definitive removal, as the American faces increasing resistance among shareholders due to financial issues and contested hiring.
The textor pressure increased after its removal from Lyon’s command in June 2025, and intensified with failed attempts to buy Sheffield Wednesday, even in the face of accumulated debts. The conduct of these processes would have caused discontent between Eagle’s partners, who were harmed by their administration.
The criticism expanded after the partnership with Evangelos Marinakis, owner of Nottingham Forest, which involved the sale of athletes such as John, Jair, Cuiabano and Igor Jesus for values seen as expected.
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