Without opposition from associative Botafogo, John Textor promised that the first part of the loan contribution of around US$50 million should fall by Thursday (5/2), to resolve the transfer ban. On the “Arena Alvinegra” channel, journalist Bernardo Gentile provided more details.
The first installment of the contribution, which is already in a reserved account, is around US$28 million (R$146 million). The remainder, approximately US$25 million (R$131 million), would be paid later, in the short term. The bank transfer will be made as soon as the contract is signed.
Last Monday (2/2), Textor participated in a meeting with João Paulo Magalhães Linspresident of the social club, and the two investors behind this contribution: GDA Luma Capital e Hutton Capital.
According to the journalist, the association – which holds 10% of SAF – did not necessarily agree with all the terms, but will not veto it, as it does not have another alternative to resolve the most urgent problems – regardless of the result of the Banco BTG audit, which has not yet been published.
Also according to Bernardo Gentile, Botafogo outlines a solution to avoid having to pay the high interest rates provided for in this loan contribution – John Textor has been arguing that new investors could become partner shareholders and would also become creditors of the company. Ares Management.
– Today the terms are these, for this loan with higher interest rates. Botafogo today has no credit in the square, and to get any money it has to be like this. There is a solution behind the scenes so that Botafogo does not reach this point of paying this interest if it is unable to pay the loan. – Gentile explained.
Thairo Arrudawho had a delicate situation after some clashes with John Textor, must now remain as CEO of SAF.
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