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RE: LeoThread 2024-12-09 16:01

in LeoFinance2 days ago

Part 2/7:

The current economic landscape of Brazilian football reflects a broader trend where clubs are being sold for a fraction of their potential value. Jeff Texter, who made a substantial financial commitment to Botafogo, is set to recoup nearly the entirety of his initial investment within just two years. This has raised questions about the long-term viability and sustainable growth of clubs under similar ownership models. The case of Portuguesa, which was also sold off, shows a recent trend in transforming massive debts into manageable figures through strategic negotiations with creditors.