A year ago, Durcesio Mello and John Textor signed a pre-contract with the Botafogo SAF

American businessman invested BRL 400 million for 90% of the club

24 dez
2022
– 10h37

(updated at 10:37 am)

December 24th, Christmas Eve, will be forever marked in the history of Botafogo fans. This Saturday, the club celebrates one year since the signature of the pre-contract referring to the Sociedade Anônima do Futebol (SAF), which transferred 90% of the shares to the American businessman John Textor.

Durcesio Mello, president of Botafogo, and John Textor, majority shareholder of SAF (Photo: Vítor Silva/Botafogo)

Photo: Lance!

At the time, Glorioso’s flagship was still being driven by President Durcesio Mello, who was only responsible for managing the social and Olympic aspects after the agreement was finalized.

The entire process of attracting potential investors was the responsibility of the company “XP”, which initially received an offer of R$ 350 million. The alvinegra board presented a counterproposal, closing the deal at R$ 400 million.

The news caused an uproar on social networks with the “new billionaire” of Brazilian football. Despite this, Botafogo’s season was focused on restructuring the squad and internal investments, without weight for the club to win titles in the first year of SAF.

John Textor, in 2021, still formed his portfolio at Eagle Football. Owner of part of the shares of Crystal Palace, from England, confirmed, in addition to Glorioso, the acquisition of two other clubs: RWD Molenbeek, from Belgium, and Lyon, from France.

The “celebration” of one year of the turning point in General Severiano takes place with a more organized Botafogo, having a squad with a monthly cost of approximately R$ 15 million and being able to dream of a return to protagonism.

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