Part 3/9:

The crux of the problem ties into the broader context of multi-club ownership (MCO), which lacks a robust regulatory framework in Brazil. While UEFA has established rules around transfer ethics and fairness, Brazilian football seems to operate in a gray area. This lack of clear oversight leads to discrepancies in player valuations, as demonstrated by the ongoing disputes over players like Mateus Martins.

Botafogo's recent struggles to meet its financial obligations, including debts related to player salaries and bonuses, further complicate the situation. It has been reported that the club owes various payments, prompting concern among players and agents alike. The need for consistent regulations that govern how transfers are valued and executed is becoming increasingly evident.