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SBD Global/August 14, 2014/Finance

Brasileiro Side Botafogo Coach Says He Has Never Seen Anything Like Club's Collapse

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Brasileiro side Botafogo coach Vagner Mancini said the club, "struggling to pay the players' wages amid mounting debts and an account freeze, was collapsing and he had never seen a similar situation in his career," according to Brian Homewood of REUTERS. The "crisis took a new twist on Tuesday when the directors managed to pay some outstanding wages to most of the squad, except the six highest earners." Mancini, who said he has not been paid for four months, said, "Botafogo has gone into collapse and cannot get out of the situation. Today, I came across a situation which I have never seen in 30 years of football, where part of the squad got paid and another part did not" (REUTERS, 8/13).
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