Botafogo Files Suit Against Eagle, Seeking R$155.4 Million Guarantee and Judicial Oversight of SAF

Overview

• The case was filed in the 23rd Chamber of Private Law of the Rio de Janeiro Court, requesting a court-appointed interventor and injunctions to block asset sales, including player transfers, as well as dividend distributions until a liability plan is presented.
• Botafogo asks relator Marcelo Marinho to order Eagle to post R$155.4 million as a guarantee, with the club represented by the Gleich and Antonelli Advogados firms.
• President João Paulo Magalhães Lins says the action enforces the 2022 shareholder agreement and is not an effort to remove John Textor from the SAF.
• The petition frames mutual accusations between Eagle and Textor as creating a risk of insolvency or illiquidity for the SAF.
• SAF Botafogo issued a statement rejecting the claims as unfounded and legally baseless, asserting compliance with obligations and acknowledging that the filing came as a surprise.