After responding positively to a non-binding offer from Eagle Holding, company of John Textor, Botafogo will go through a new stage in January in the sale of PURE. One due diligence will be done at Glorioso by a company hired by the North American fund, informs “Canal do Medeiros”.
A due diligence – or due diligence, in the translation into Portuguese – it is an investigation of a business opportunity that the investor must accept in order to assess the risks of the transaction. According to Matheus Medeiros, this process has a maximum period of 120 days to complete.
While the bureaucratic processes for the formal arrival of the investor take place, Botafogo continues to comply with the normal planning for the 2022 season, with the signings led by the football director Eduardo Freeland.
