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Botafogo Sues Lyon in Brazil Over R$137.9 Million in Unpaid Intragroup Loans

The case spotlights the risks of cash pooling inside John Textor’s multiclub network.

Overview

  • Botafogo filed an execution action Friday in a Rio civil court seeking R$137,899,307 and asking Lyon’s local unit to pay within three days under a 2025 loan pact.
  • The club says it sent three transfers in March 2025 totaling about €21 million and that the 12‑month loans went unpaid after their March 2026 due dates.
  • The filing relies on an “extrajudicial enforceable” contract, a fast-track tool in Brazil that lets a creditor seek payment on a signed instrument without a full trial.
  • A Tarde reports a second suit brings Botafogo’s claims to roughly R$745 million, including funds it says it raised from Banco XP and passed to Lyon with interest due.
  • O Globo reports Lyon has a separate FIFA claim for €5.3 million tied to Jeffinho’s 2024 repurchase, and both sides link the dispute to a cash-pooling model that Botafogo says hurt its squad building and led to a late‑2025 transfer ban.