Particle.news
Download on the App Store
3 ARTICLES
·
4h ago

Botafogo Nears Deal With Atlanta United Over $21 Million Almada Debt

Owner John Textor has signaled a $50 million cash injection to help resolve the case.

Image
Image

Overview

  • Club and U.S. sources describe negotiations as advanced and close to resolution, with terms kept confidential.
  • FIFA has imposed a transfer ban that blocks new registrations, reported to span three windows, after a CAS payment deadline elapsed on December 26.
  • Announced signings Ythallo and Lucas Villalba remain unavailable for selection because their registrations cannot be processed under the ban.
  • Textor plans to inject about $50 million with two unnamed investors, with roughly $20 million expected to arrive soon and the remainder by month’s end.
  • A portion of the incoming funds is expected to go to Atlanta United, likely through installment payments, and the ban will lift only after the settlement is formalized with FIFA.