Botafogo de Futebol e Regatas was put up for sale in an announcement published in the British newspaper Financial Times. The company named to manage Eagle Football, Cork Gully, announced the sale of the Rio de Janeiro club in an announcement published on Tuesday, April 14. The information was anticipated by the column of Lauro Jardim, in the newspaper O Globo. In addition to the Rio de Janeiro club, the offer includes the remaining assets of the group: Lyon, France, and RWD Molenbeek, Belgium. Botafogo de Futebol e Regatas was contacted by the press but did not comment on the possibility of sale. The move is the unfolding of a legal and financial dispute between American businessman John Textor and the Ares Management fund. The manager accuses Textor of making fiscal maneuvers between the group's associations and of non-payment of a debt estimated at R$ 450 million. In March 2026, Ares Management exercised its creditor rights to take control of Eagle Football. Although the company had previously stated that the operational command of Botafogo de Futebol e Regatas would remain with John Textor, the publication in the English newspaper signals a change of course. In the announcement, the Brazilian club is presented to international investors as a market opportunity, being "one of the most historic football clubs in Brazil" and providing an email contact for interested buyers. The financial situation of Botafogo de Futebol e Regatas worsens the scenario. A report released on Saturday, April 10, pointed out that the club's total debt reached R$ 2.7 billion. Of this amount, R$ 1.6 billion refers to short-term debts, which increases the pressure on the sustainability of the current management model. Until now, John Textor has not officially commented on the sale of the club.