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GDA Luma's Gabriel de Alba Visits Botafogo Training as Takeover Nears

His reported US$11 million advance is intended to clear overdue image‑rights while the legal transfer remains subject to creditors' plan approval.

Overview

  • De Alba attended Botafogo's final training before the Atlético‑MG game and will watch the match from a VIP box, a public show of support reported across outlets on Tuesday.
  • Sources report GDA Luma has advanced about US$11 million to pay overdue player image‑rights, a payment that still requires procedural approval from the club's judicial administrator.
  • The investor group previously lent US$25 million to the SAF earlier this year and plans to assume majority control only after the club's creditors formally approve the judicial recovery plan.
  • Botafogo faces a sporting crisis, sitting three points above the relegation zone after a run of poor results under coach Tite, prompting discounted tickets, a player 'support corridor' and reported short‑term bonus offers.
  • GDA Luma is known for buying and restructuring distressed assets, so the deal could bring more scheduled funding if the recovery plan is homologated and administrative steps are completed.