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Botafogo and John Textor have signed a reciprocal agreement and are taking another step towards selling SAF

Botafogo and John Textor have signed a reciprocal agreement and are taking another step towards selling SAF

the Botafogo I took another step to sell SAF (Sociedade Anônima do Futebol). Club representatives and John Textor signed the mutual agreement for the deal in the past hours. Therefore, the entrepreneur applied with a “stage” to take over Alvenegro.

+ Botafogo’s new proposal delights Elkeson, but the club is not making progress because it is in transition from SAF

Before, Textor has signed a binding contract to acquire Botafogo. The deal ensured that the businessman complied with what was agreed upon between the parties, but the signing was not 100%. Now, part of the matter has been resolved and the American is seeing a much clearer way to get to the club.

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The reciprocal agreement forms the basis of the bridge loan amounting to 50 million Brazilian riyals, which will be implemented by Textor. As stipulated in the agreement – You’ll do it for the club. The next step is the final contract, which will then make a final decision on the entrepreneur’s access to control of Alvenegro.

Botafogo will comment on the movement later this week, via a press release.

partners e Glorioso Board Members Approved Sale of SAF Earlier this month, however, John Textor’s attorneys and trusted persons asked to review the final details of the contract before signing the mutual bond. After the last “eyeball,” the thing moved on to another handshake.