OneFootball
·24 de abril de 2026
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·24 de abril de 2026
The Arbitration Court of the Getulio Vargas Foundation (FGV) removed John Textor from control of Botafogo’s SAF with immediate effect this Thursday (23).
According to information from ge, the decision claims that two recent actions taken by the businessman had the potential to cause "irreparable damage" to the club.
One of them was the filing submitted last Tuesday (21) with the aim of starting a judicial reorganization process for the SAF.
The other was the Purchase and Sale Agreement signed by Textor in January, transferring Eagle Bidco’s ownership stake in Botafogo SAF to a company in the Cayman Islands.
The Arbitration Court, on a purely precautionary basis, ORDERS the automatic and immediate removal of Mr. John Charles Textor from the management of Botafogo SAF, which will be subject to review after the Company’s statement scheduled for 04/29/2026 is submitted.
Excerpt from the Arbitration Court decision released by ge
The Court did not indicate who will be in charge of Botafogo’s SAF in the coming days.
The decision to remove Textor will be reviewed again next Wednesday (29), with statements from the parties involved.
This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.
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