💸 Botafogo's SAF put up for sale in newspaper advert, explained

2 min read
💸 Botafogo's SAF put up for sale in newspaper advert, explained

💸 Botafogo's SAF put up for sale in newspaper advert, explained

British consultancy Cork Gully, appointed at the end of March as judicial administrator by Eagle Football’s creditors, has put Botafogo’s SAF up for sale. The move was carried out quite directly, ...

💸 Botafogo's SAF put up for sale in newspaper advert, explained

British consultancy Cork Gully, appointed at the end of March as judicial administrator by Eagle Football’s creditors, has put Botafogo’s SAF up for sale. The move was carried out quite directly, ...

In a move that has sent shockwaves through Brazilian football, the historic Botafogo SAF (Sociedade AnĂ´nima do Futebol) has been officially put up for sale. The sale is being managed by British consultancy firm Cork Gully, which was appointed as the judicial administrator by the creditors of Eagle Football at the end of March.

The announcement came in a surprisingly direct manner: a formal advertisement placed in the prestigious British newspaper, the Financial Times. This traditional classified ad format signaled to the global market that the company's main assets are now on the liquidation block, specifically its "majority stakes" in several clubs.

The assets highlighted in the listing represent a significant portfolio in the football world. Leading the list is Botafogo, rightly described as "one of Brazil's most historic clubs," a giant with a passionate fanbase and a storied legacy. Also included are the renowned French powerhouse Olympique Lyonnais and the Belgian professional club, RWDM Brussels.

For any potential buyers or investors eyeing this unique opportunity to acquire a stake in these iconic teams, the process is clear. Expressions of interest must be directed to a dedicated corporate email address: EagleAssets@corkgully.com. This development marks a pivotal and uncertain moment for Botafogo and its supporters, as the club's future ownership now hangs in the balance.

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