Botafogo de Futebol e Regatas convened an Extraordinary General Meeting to decide on the maintenance of Durcesio Mello as director and temporary manager of the company. The team is currently in 6th place in Serie A, with 63 points, and recently recorded revenue of R$ 1.4 billion in 2025, but is facing a severe financial crisis.

What happened?

The convocation complies with a judicial decision of April 28, which suspended the political rights of the majority shareholder, Eagle Football Holdings Bidco Limited. The measure aims to guarantee the operational continuity of the company during the legal imbroglio between the partners.

Why is it important for Botafogo de Futebol e Regatas?

The permanence of Durcesio Mello in the function now depends on the validation of the shareholders. The definitive appointment as temporary manager is “subject to the favorable vote of Botafogo de Futebol e Regatas”.

What comes next?

The assembly will be held exclusively digitally, with the use of audio and video. In the first convocation, the presence of shareholders representing more than 90% of the voting capital is required. Botafogo de Futebol e Regatas is in a fragile financial situation, with total obligations of the consolidated liabilities amounting to R$ 2.01 billion, an increase of 29.35% over the previous year. The team has 58 goals scored and 38 goals conceded, with a goal difference of +20. The decision on Durcesio Mello's future is important for the club, which is 16 points behind leader Flamengo.