Thursday briefing: John Textor dismissed as director of Eagle Football Holdings
Thursday briefing: John Textor dismissed as director of Eagle Football Holdings
IMAGO
29 January 2026 - 4:30 AM
US businessman John Textor has been dismissed from his position as director of Eagle Football Holdings by Ares Management, as per French media.
Last year, Textor stepped down from his role as president of Olympique Lyon, after the club had been relegated to Ligue 2 by France’s DNCG due to its ongoing financial issues (before the ruling was overturned), and was replaced by Michele Kang.
According to RMC Sport, Textor tried to regain control of Lyon ahead of a General Assembly on Wednesday by dismissing two directors - Stephen Welch and Hemen Tseayo. This would render their votes invalid, enabling him to remove the current board, Kang, and general manager Michael Gerlinger.
Ares however blocked this move, writing to Textor to state that his attempt to dismiss the two directors was illegal.
Textor’s future at Botafogo
Following his dismissal, Textor’s role as controlling owner of Brazilian club Botafogo could also be in danger, L’Équipe has reported.
Although his position is as-of-yet unchanged, he could potentially be removed by the board of directors, or by a court in Rio de Janeiro.
FIFA report: Men’s football clubs spent $13.1 billion on international transfers in 2025
A record total of $13.1 billion was spent on international player transfers across men’s professional football in 2025, according to FIFA’s latest Global Transfer Report.
This represents an increase of 52.3 per cent on last year’s total spend of $8.6 billion, eclipsing the $10 billion mark for the first time. English clubs spent the most on international transfers, spending $3.8 billion on new signings, while receiving $1.8 billion for player sales.
The report also revealed that a record figure of 86,158 international transfers took place last year across men’s and women’s professional and amateur football.
Women’s football spending accelerates
In the women’s professional game, a record sum of $28.6 million was spent on international transfers, up 83.6 per cent on last year’s figure of $15.6 million.
Over the last year, 2,440 international transfers were reported in women’s football, an increase of 6.3 per cent on 2024.
DFL planning to launch new U21 league
The German Football League (DFL) is planning to launch a new U21 league, which could be operational by the 2026/27 season, Sports Bild has reported.
The DFL has set up an ‘expert group’, which has met on four occasions to discuss the future of German football. This group includes former Liverpool and Borussia Dortmund manager Jurgen Klopp, as well as ex-Real Madrid star Sami Khedira, Eintracht Frankfurt sporting director Markus Krösche, DFL managing director Marc Lenz, and DFB sporting director Andreas Rettig.
The DFL executive committee will propose a new set of rules for the U21 league at an upcoming members’ meeting on 3rd March, with Bundesliga and 2 Bundesliga clubs set to take a vote on its implementation.
Participation in the new division would be voluntary, with clubs given until 15th June to decide whether to enter it for the first half of the season, and a deadline of 15th January to opt to join for the second half of the campaign.
More playing time to young players
Under the proposal, players recovering from injury after an extensive period recovering would be able to play their first games back in the new league.
The main purpose of the U21 league would be to provide more playing time for young players, in order to better facilitate their development.
Ligue 1+ aiming to air all matches from 2026 FIFA World Cup
LFP Media’s in-house streaming platform, Ligue 1+, is aiming to broadcast this year’s FIFA World Cup in the US, Canada, and Mexico.
As reported by L’Équipe, LFP Media CEO Nicolas de Tavernost revealed during a Ligue 1 and Ligue 2 board meeting on Wednesday that a deal had been reached with FIFA to air all 104 matches from this summer’s tournament, which will run from 11th June to 19th July.
The agreement is worth €20 million, with that figure comprising €18 million in broadcast rights, and an additional €2 million in production costs.
beIN Sports could challenge agreement
Ligue 1 clubs unanimously approved LFP’s deal with FIFA, which is now pending approval from the FIFA Council.
Pay-TV rights to the World Cup were previously held by beIN Sports in France. The Qatari broadcaster could seek to challenge the new partnership, with its chairman, Nasser Al-Khelaifi, known to be a close associate of Gianni Infantino.
River Plate reveal $100 million stadium expansion plans
Argentinian club River Plate have unveiled plans to expand their Estadio Monumental home to a capacity of 101,000.
This would make the venue the largest stadium in South America, and the second largest in the world. Currently, the Estadio Monumental has a capacity of around 85,000.
River Plate estimate that the redevelopment project will cost more than $100 million, and will take around three years to be completed.
Funding for the renovation
The Buenos Aires club are looking to fund the stadium’s expansion in part through a long-term loan, which would be paid off with revenue from the upgraded stadium.
River Plate are also looking to secure a ten-year naming rights partnership for the venue. The club’s current seven-year agreement with Mas was signed in 2022, and will expire in 2029.