John Texter pushed for major changes to control of Eagle Football Holdings (EFH) this Friday. The American removed one of the holding company’s key figures, Michelle Kang, and four other investors from its board of directors. Nevertheless, Mr. Kang remains president and manager of Lyon’s day-to-day operations.
In addition to this businessman, Samuel Oliver Lin, Alexander Barfer, David Horin and Jean-Pierre Conte, who left EFH, were among the holding company’s investors closest to Botafogo, with Conte meeting with the president of the social club, João Paulo Magalhães, to consider possible directions for SAF Albinegra without his representative, John Texter.
Behind the scenes, word is that John Texter’s changes to the board were to remove people who did not align with the practices the American businessman wanted for Eagle Football Holdings. With Lyon no longer in charge of the club, and Botafogo, where battles are being waged in the Rio de Janeiro Court of Justice (TJRJ), Texter has distanced himself from his former advisers amid a war with ousted shareholders.
John Texter has appointed a further five new directors to the Eagle Football Holdings board on behalf of five investors. All held the title of “founding director” of the company.
Introducing Eagle Football Holdings’ new advisors.
Mr. Fixenbaum, the former president of FuboTV, an American sports streaming service, has held leadership roles with organizations such as Cirque du Soleil and Lighthouse Immersive. A specialist in the field of event sales, the businessman became one of the founding directors of Eagle Football Holdings and also a director of SAF de Botafogo.
Mr. Weston, a founding director of Eagle Football Holdings and second to be appointed SAF director at Botafogo, has more than 30 years of experience in entertainment, technology and mobile device companies. From 2006 to 2012, he served as CFO and COO of Digital Domain, a special effects company owned by John Texter.
Executive Chairman of New Venture Associates, a global investment and consulting firmprivate equity Mr. Eichenberger is a lawyer based in Zurich, Switzerland, and serves as a consultant to the airline Jet Aviation.
Patterson, a film industry executive, is president and CEO of Trillis Studios, the American studio behind hit films such as The Avengers and Spider-Man.
Mr Teheranchi, who was appointed as a founding director of Eagle Football Holdings, is currently a Lyon board member and a food and real estate businessman.
Understanding Eagle’s organizational chart
With several changes in recent weeks, Eagle has seen a complete change in key management positions within its holding company and affiliated companies.
Eagle Football Holdings Ltda (EFH), which is considered the ‘parent company’, includes: John Textor as president and founding director; Rene Eichenberger, Jordan Fichsenbaum, Frank Patterson, Kevin Weston, and Shahrad Teheranchi will serve as founding directors, and Jamie Dinan, Alex Naster, and Gordon Rubenstein will serve as directors.
Under EFH are Eagle Football MIDCO and Eagle Football BIDCO, which are solely in the name of John Textor. The latter is effectively the owner of Botafogo. The company’s board of directors consists of John Textor, Stephen Welch, and Hemen Tseayo.
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