Monday briefing: Botafogo file lawsuit against Lyon over €125.5m unpaid loans
Monday briefing: Botafogo file lawsuit against Lyon over €125.5m unpaid loans
IMAGO
7 April 2026 - 4:30 AM
Botafogo have initiated legal proceedings against Olympique Lyonnais, seeking repayment of more than €125.5 million linked to a series of loans provided to the French club, according to a statement issued by the Brazilian side.
The Rio de Janeiro club said the funds, totalling over 745 million Brazilian reais, were transferred as part of a shared management structure within Eagle Football Group following Lyon’s acquisition in 2022.
Botafogo said Lyon’s current leadership had terminated the agreement and declined to repay the outstanding balance.
“Despite having benefited from the resources received, the French club failed to fulfill its obligations, refusing to pay the debt,” the club said.
Eagle Football structure under pressure
The dispute has affected Botafogo’s financial position, with the club indicating it has faced restrictions linked to its ability to meet obligations, including a transfer ban imposed by FIFA.
Lyon are also reported to have an outstanding €12m obligation to Belgian club RWDM Brussels, while Eagle Football Holdings Bidco, controlled by John Textor, has entered receivership under restructuring firm Cork Gully as it seeks potential buyers for its assets.
Chelsea lead agent fee table as Premier League bill hits £460m
Chelsea FC were the highest spenders on agents’ fees for a third consecutive year as total payments across the Premier League reached a record £460.3 million in 2025/26, according to figures published by the The Football Association.
Clubs collectively increased their spending by 12 per cent year-on-year, with Chelsea accounting for £65.1 million. The club had also led agent payments in the previous two seasons, recording £60.4 million in 2024/25 and £75.1 million in 2023/24.
The figures were released on the same day Chelsea confirmed a £262.4 million loss for the last financial year, the largest reported by a Premier League club.
A breakdown of spending shows Aston Villa as the second-highest payer at £38.4 million, followed by Manchester City (£37.4 million), Liverpool (£33.8 million), Arsenal (£32.1 million) and Manchester United (£31.7 million).
Total of £500 million
Across England’s top four men’s divisions, total payments to intermediaries exceeded £500 million for the first time.
In the women’s game, agent fees across the top two tiers remained substantially lower, although the FA reported that spending in those leagues nearly doubled compared with the previous year.
FIGC president Gabriele Gravina resigns after Italy World Cup failure
Italian Football Federation president Gabriele Gravina has resigned following Italy’s failure to qualify for the 2026 men’s World Cup, the federation confirmed.
Gravina stepped down two days after Italy were beaten on penalties by Bosnia and Herzegovina in their qualification play-off final, a result that leaves the national team absent from a third consecutive World Cup.
Italy’s sports minister Andrea Abodi said the situation required structural change, stating: “It’s evident to everyone that Italian soccer needs to be overhauled … and that process needs to start with new leadership at the FIGC.”
Former captain Gianluigi Buffon also resigned from his role as head of delegation, a position he had held since August 2023, the federation said.
New FIGC leadership to be elected in June
The FIGC said a new president will be elected on June 22, while no update was provided on the future of head coach Gennaro Gattuso.
Gravina had led the federation since 2018 and remained in post after previous tournament setbacks, including Italy’s failure to qualify for the 2022 World Cup and a last-16 exit at Euro 2024.
Southampton report £53.9m loss for 2024/25 financial year
Southampton FC have reported a pre-tax loss of £53.9 million for the financial year ending June 2025, according to the club’s published accounts.
The result follows a pre-tax profit of £17.3 million in 2023/24, when the club competed in the Championship, and an £87 million loss in 2022/23. The latest figures cover a season in which Southampton returned to the Premier League after securing promotion via the play-offs in 2024.
Turnover increased to £158.4 million from £84.8 million the previous year, reflecting higher broadcasting and commercial income linked to top-flight participation.
Cost control
Player wages rose to £83.2 million from £58.8 million, although this represented a smaller share of revenue at 52.5 per cent compared with 68 per cent in 2023/24.
Cost controls reduced total staff wages as a proportion of turnover from 93.5 per cent to 73.2 per cent, according to the accounts.