00:00I think the changes in France are what has everybody confused.
00:04Problematic in France, I think the federation is trying to take over the league.
00:08I think that one man that runs the DNCG has way too much power.
00:14They have no black and white rules in France.
00:17It's all arbitrary, it's subjective.
00:19I think what happened in France is that the French governing bodies wanted to see a change of face
00:26because they were tired of the hearing talk of reform.
00:31I advocated a Premier League model where there is no DNCG.
00:36They're just black and white rules based on accounting, not this we like your business model,
00:42we don't like your business model.
00:44So I voluntarily stepped down because I knew that I was the problem with the governing bodies there.
00:51So stories get written after the fact.
00:56I was being very quiet because I wanted Michelle to have the opportunity to win the appeal.
01:02That was the most important thing.
01:04My position, my ego, none of that was important in France.
01:09We just needed to win the appeal.
01:11We were always financially sustainable.
01:14UEFA had already cleared us through the exam.
01:16We had plenty of cash.
01:17On May 20th, the DNCG looked me right in the eye with my staff in a preliminary hearing
01:24and said relegation is off the table.
01:26So what changed between May 20th and June 24th?
01:31Clearly, it was not about the money, it was about me.
01:35So that creates a lot of questions about my stability within the organization,
01:39but I'm still the majority holder.
01:41I still control the majority of the seats on the board.
01:44ARIES does not have any right to replace me.
01:46They don't want to.
01:48So as far as Botafogo is concerned, we're stable.
01:54We're a well-run organization.
01:56We've had the best year in 120 years.
01:59Nothing's broken here.
02:00So Michelle can run France.
02:03I can run Brazil.
02:04We have a good family here.
02:06I'm not worried.
02:07We have a good family here.
02:09We have a good family here.
02:09We have a good family here.
02:10We have a good family here.
02:10We have a good family here.
02:11We have a good family here.
02:12We have a good family here.
02:12We have a good family here.
02:13We have a good family here.
02:14We have a good family here.
02:15We have a good family here.
02:16We have a good family here.
02:17We have a good family here.
02:18We have a good family here.
02:19We have a good family here.
02:20We have a good family here.
02:21We have a good family here.
02:22We have a good family here.
02:23We have a good family here.
02:24We have a good family here.
02:25We have a good family here.
02:26We have a good family here.
02:27We have a good family here.
02:28We have a good family here.
