American businessman John Textor presented Thursday to the Board of Directors of Benfica the intention to list the “embodied” association on the New York Stock Exchange, which was confirmed today by Lusa, the club’s official source.
John Textor, who has already expressed an interest in investing in SAD at Benfica, met today with club vice-presidents Luis Mendes and Jaime Antunes, at a meeting initially attended by President Rui Costa.
“The meeting was held in a cordial manner and Mr. John Textor was responsible for sending additional information about his intentions regarding Benfica, later to be the subject of evaluation and analysis by management. No new meeting is now planned. With Mr. John Textor,” the Benfica statement reads.
The subject of contention is the intent in the NYSE’s “embodied” SAD quote, which, according to an official club source, “is understood as more in-depth and, in that spirit, more information for evaluation and analysis.”
The American businessman signed an agreement with the Portuguese Jose Antonio dos Santos, the largest individual shareholder in SAD ‘incarnada’, to acquire 25% of its capital, which was then reported to the Portuguese Securities Market Authority (CMVM).
José Antonio dos Santos “was granted with John C. Textor, two agreements for the sale of a total of 5,750,000 common and registered shares, representing 25% of the share capital of Benfica SAD, subject to payment “until September 15” of the agreed total price, He paid the sum of one million euros, the statement confirmed at the time.
The club’s management confirmed that it was unaware of the negotiations to acquire 25% of SAD’s shares by the American John Textor and promised to oppose it if this process was analyzed at the general meeting of shareholders.
Last September, Benfica revealed that the agreement between US investor John Textor and Jose Antonio dos Santos to acquire shares in SAD do Benfica had been extended until December 31.
John Textor is an American entrepreneur, a pioneer in holographic technologies and special effects, and has recently invested in the English club Crystal Palace, in which he owns about 18% of its capital.
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