Story · Nottingham Forest
Botafogo Suspects Former Owner John Textor of Using Player Transfers to Repay Personal Debt
Brazilian club Botafogo is investigating former owner John Textor for allegedly using player transfers to Nottingham Forest to repay a personal loan of $50 million from Forest owner Evangelos Marinakis. The club suspects that transfers of Igor Jesus, Jair, and Cuiabano were undervalued. Specifically, Cuiabano was reportedly sold for $4 million despite a $10 million offer from Brighton, and only $10 million of the $20 million from Jair's transfer was accounted for. Botafogo is analyzing documents and considering legal action against Textor, who also faces allegations of tax debt related to unpaid employee salary taxes, potentially constituting embezzlement.
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