Saturday night at Mercedes-Benz Stadium is circled. Atlanta United hosts Montréal with a homegrown core that has decided this season belongs to them, and the match feels like a turning point waiting to happen. But first, there is a lot of soccer to get through. A passport scandal threatening to unravel the Eredivisie. Eagle Football's finances laid bare. Olivia Rodrigo on a Barcelona shirt. A 20-year-old Messi goal worth watching again. It is a full Friday.
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⚽ A New Montréal, A Hungry Atlanta, and a Saturday Night Showdown
Three weeks ago, CF Montréal fired Marco Donadel. His replacement, Philippe Eullaffroy, is the man who built the club's Academy from the ground up, spent a decade developing its culture and players, then came back when they needed him most. He won his first match 4-1 over New York Red Bulls. His second 1-0 over NYCFC. He has done it with 32% and 36% possession, abandoning everything Donadel built tactically and replacing it with a counter-attacking block so compact that NYCFC, one of the best possession teams in MLS, completed 673 passes in 90 minutes and scored nothing. Eullaffroy said this week he is at 20% of what he wants to build. Atlanta faces a team in the first chapter of something new. That can mean fragile. It can also mean dangerous.
Alexey Miranchuk has been the focal point of Atlanta's attack over the last two weeks, and his form could not come at a better time. Goals in back-to-back matches, including that free kick at Toronto last Saturday, and Martino has confirmed he stays in that central role. Miguel Almirón is listed as questionable for Saturday, which makes Miranchuk's continued form even more critical. When he is locked in, the entire attack moves differently.
Will Reilly put it into plain language at Thursday's training ground availability: "He's so good at finding those pockets in the middle, dropping into space. It makes it really challenging for opposing center backs because now they have to worry about Alexey dropping in behind them. It opens up space for everyone else." The question is whether Montréal's Samuel Piette, the club's all-time leader in MLS appearances, can track that movement before it creates something. Piette is the engine of everything Eullaffroy is building defensively. If Miranchuk pulls him out of position, Atlanta will have chances.
The bigger story running underneath the tactical matchup is the one Reilly and Martino sketched out Thursday. The homegrown core, Reilly, Jay Fortune, Cooper Sanchez, and Matt Edwards, has taken ownership of this club's season in a way that goes beyond minutes. Reilly was direct about it: "Jay, Matt, and I talked about this. We're not really young guys anymore. We have to assume some responsibility and assume a role on this team to help get us out of this situation." Martino recognized it immediately, and recognized it from his own experience. At Inter Miami, he watched a similar group of young players find themselves alongside much bigger names and felt connected to them for exactly that reason.
The process has a shape now. The back four is playing tighter to the midfield line, the lines are closer together, and the team is winning the ball higher up the pitch. "It's not something new," Martino said. "Probably, now is the moment when we're most confident to carry it forward."
The number that defines this match is simple. Atlanta is 0-6-0 when they concede first in 2026. Montréal is 0-4-0. Both clubs are a combined 0-10-0 when they fall behind this season. The team that scores first at Mercedes-Benz Stadium tomorrow night has essentially decided it. Coverage starts at 6:30 p.m. on 92.9 The Game and the Audacy app, with Abe Gordon and Madison Crews hosting the pregame before Mike Conti and I take the call from kickoff at 7:40 p.m. The match streams on Apple TV. Atlanta has a homegrown core that has decided this team belongs to them. Tomorrow night is the next chance to prove it.
🦅 The Numbers Behind Eagle Football Are Worse Than You Thought
John Textor is out at Botafogo, but the wreckage he left behind is still very much in play across the entire Eagle Football empire. Paul Quinn published a detailed breakdown this week in his Analysis Series of Eagle Football Group's financial accounts, and it is not a document that inspires confidence. The headline number is a €201 million net loss for the fiscal year ending June 30, 2025. The staff-cost-to-revenue ratio at Lyon sat at 109%, meaning personnel costs alone exceeded total operating revenue before a single other bill was paid. EBITDA was negative at €47.7 million, a collapse of €91.9 million from the prior year. The document was not signed by Textor. It was signed by Michele Kang, who assumed the role of Chairwoman and CEO on the very last day of the financial year being reported. That timing tells you everything about the state of the handover.
The Lyon situation is complicated enough on its own, but the Botafogo thread running through these accounts makes it significantly messier. EFG is carrying €124.2 million in receivables from SAF Botafogo, and the document acknowledges that no impairment has been recognised on these receivables based on commitments from Eagle Football Holdings Bidco to either take over the debt or find an alternative solution. The accounting work and feasibility study are explicitly described as still ongoing. That is a lot of money sitting on a balance sheet with no clear path to collection.
On the Botafogo side, the situation is getting sharper by the week. Globo Esporte reported this week that in February, GDA Luma loaned Botafogo's SAF $22.8 million as what the contract describes as a provision for "liquidity as a last resort." Part of that loan went toward an initial payment to Atlanta United to clear a FIFA transfer ban, but Botafogo has since landed back on the banned list due to nonpayment of a transfer fee owed to Ludogorets. Reports also indicate subsequent payments owed to Atlanta United have not been made. GDA Luma is also one of the companies angling to take control of SAF Botafogo amid the corporate upheaval following Textor's removal. The loan structure is aggressive. Because of what the contract calls an "uncured event of default," the debt reportedly jumped from $25 million to at least $55 million, growing at a monthly interest rate of 20%. GDA has also registered as an interested party in the judicial reorganization process underway in Rio de Janeiro courts. Botafogo's entire player roster, men's and women's, was listed as collateral in the original loan agreement.
The 2024 Brasileirão champions are now in a fight to keep the lights on. The story is not over, but right now, the scoreboard is not pretty.
🐐 Why We Watch
Twenty years ago today, a 17-year-old Lionel Messi scored his first official goal for FC Barcelona. The clip is worth watching again, not because of what it shows about Messi, but because of what it shows about the game. A teenager, barely on the radar, touches the ball once and changes everything.
🇳🇱 A Podcast, a Passport, and 133 Matches That Might Not Count
Sometimes the most consequential moment in a soccer season happens not on the pitch but on a podcast. That is exactly what is happening in the Netherlands right now, where a legal dispute sparked by a single comment on the Dutch show De Derde Helft has put the entire Eredivisie season at risk.
Here is how we got here. Dean James is a 26-year-old left back for Go Ahead Eagles, born in Leiden. In 2025, he accepted an offer to represent Indonesia internationally, where he has ancestry, knowing his chances of playing for the Dutch national team were slim. What nobody flagged at the time: under Dutch law, choosing to take up a foreign nationality automatically strips a person of their Dutch citizenship, making them a non-EU worker who requires a work permit to play professionally in the Netherlands. On March 15, James started for Go Ahead Eagles in a 6-0 win over NAC Breda. A pundit on De Derde Helft connected the dots. NAC Breda, sitting in the relegation zone, filed a complaint with the KNVB demanding the result be replayed. The KNVB said no, citing the fact that neither James nor the club knew he was ineligible. NAC took it to a court in Utrecht anyway.
The problem is that James is not alone. Eleven Eredivisie players across eight clubs are affected, all having switched nationalities to represent Cape Verde, Indonesia, or Suriname. Ajax, Feyenoord, Telstar, FC Volendam, Heracles Almelo, and TOP Oss are among the clubs that have reportedly indicated they would request replays if NAC wins. The clubs maintain they acted in good faith. "Not a single government agency has said anything about it in the past two years," said Wilco van Schaik, general manager of NEC. "They didn't send us a letter, neither the KNVB nor the Eredivisie. I am furious about it. We all acted in good faith."
The KNVB has warned that the schedule is already under immense strain, that play-off dates and European competition deadlines leave no room for extensions, and that replaying 133 matches at this stage of the season would make completing the campaign virtually impossible. A ruling from the Utrecht court is expected Monday. Whether the Eredivisie finishes its season on the pitch or in a courtroom is now genuinely unclear.
🎵 Olivia Rodrigo Is Coming to El Clásico
Barcelona's Spotify shirt partnership has produced some genuinely fun moments since it launched four years ago, and the latest one is no exception. Olivia Rodrigo's initials, "OR," in a stylized font, will appear on the front of the Barcelona home kit for El Clásico on May 10 at Spotify Camp Nou. The women's side wear it first, on May 6. Rodrigo becomes the eighth artist to take over the shirt since the Spotify partnership began, joining a list that includes Drake, Rosalía, the Rolling Stones, Coldplay, Ed Sheeran, and Travis Scott.
Sheeran's turn came earlier this season when Barcelona wore his branding in their 2-1 loss at the Santiago Bernabéu. Scott was there in person for the wild 4-3 Barcelona win at Montjuïc last May. The collaborations are genuinely creative marketing, tying some of the world's biggest artists to one of the sport's biggest fixtures.
The commercial thread here is straightforward: Spotify is using El Clásico to promote Rodrigo's third album, due July 12. Barcelona are making 1,899 limited edition versions of the shirt available, along with 22 exact replicas and 11 shirts signed by Rodrigo herself. Rodrigo released a statement on the Barcelona website: "Seeing OR on a Barcelona jersey for El Clásico, I don't even know how to process that." That tracks. Not many people get their initials on a Barcelona shirt in front of 90,000 people.
The match itself carries weight beyond the shirt. Barcelona can wrap up the La Liga title this weekend before El Clásico even arrives if they beat Osasuna and Real Madrid drop points against Espanyol. If that does not happen, they can seal it against Los Blancos on May 10. Rodrigo may end up performing at a title party.
🏘️ Domestic Focus
USL Reaches Tentative CBA Agreement After 21 Months: The USL and USL Players Association have reached a tentative agreement on a new collective bargaining agreement covering the USL Championship and the upcoming USL Premier, expected to launch in 2028. The agreement follows 21 months of negotiations after the previous CBA expired at the end of 2025. Players opened the 2026 season without a deal and had authorized a strike, choosing instead to make their point with coordinated first-minute standstills. Major sticking points included pay, contract length, severance, health care, and housing. The agreement still requires final ratification.
Vancouver Whitecaps Relocation Bid Moves Forward: MLS has received a formal offer to purchase the Vancouver Whitecaps from Grant Gustavson, a 30-year-old Las Vegas resident and son of Kentucky billionaire Tamara Gustavson, with the intent to relocate the club to Las Vegas. Gustavson's group says it will privately finance the move and has committed to building a soccer-specific stadium. The bid has set off a "Save The Caps" movement among supporters, with protests already taking place outside the FIFA Congress in Vancouver this week. MLS Commissioner Don Garber met with British Columbia Premier David Eby and Vancouver Mayor Ken Sim during the Congress, calling the conversations constructive. MLS says it plans to return to Vancouver in the coming weeks for further discussions.
Chris Richards Puts Together Historic Season at Crystal Palace: Crystal Palace moved into the UEFA Conference League final with a 3-1 win over Shakhtar Donetsk in the semifinal second leg, played in Kraków. Chris Richards played all 90 minutes and now has 3,906 minutes across 45 matches in all competitions this season, the most of any USMNT player in a top five European league. He has won two domestic trophies with Palace in the last year. A Conference League title would make it three.
North Carolina Courage Land Minority Investment: The Courage confirmed Thursday that Marc Lasry's Avenue Sports Fund has made a minority investment in the club. Sportico had previously reported the deal at $40 million against a $155 million pre-money valuation. Owner Steve Malik said the money will go toward professionalizing the roster and staff, and that plans for a new stadium in downtown Raleigh are still moving forward.
📍 Around the Corner
SDH AM is live right now on the SDH Network YouTube and Twitch channels with Jon Nelson hosting a loaded Friday morning show. Jon has MLS preview coverage ahead of a big weekend, a conversation with Rocco Placentino, president and co-founder of CPL FC Supra, on building a Canadian Premier League franchise around an all-Quebec talent model, Lori Lindsey of Apple TV, CF Montréal play-by-play voice Jon Still, and Pierce County girls head coach Abby Cuneo teasing what is coming on today's Red Clay Soccer Report. If you are getting ready for Saturday night at Mercedes-Benz Stadium, this is your pregame warmup.
Red Clay Soccer Report follows at noon on YouTube and Twitch. Rob Husted of Greenbrier, Robert Peterson and Lucas Kimmel of Thomasville, and Crisp County head coach Michael McGinnis are all on the show. Georgia soccer has plenty of storylines right now and this is the place to find them.
🧱 Red Clay Soccer Report
The GHSA boys playoffs reach the Round of 16 tonight, and SDH will have you covered live. Pebblebrook hosts Lambert with kickoff at 8 p.m., and we will have live radio commentary of the match. Lambert comes in as the No. 2 program in Georgia and No. 3 in the country, with a 17-1 record, a perfect 7-0 region mark, and just seven goals allowed all season. Pebblebrook is no pushover at 14-5 with 73 goals scored, but stopping a Lambert side that has been this dominant defensively is a different kind of challenge. It should be a really good one tonight.
🌄 The Front Porch
May has arrived, and across Georgia that means spring soccer seasons are entering their final chapters. Playoffs are being seeded, regular season records are being settled, and somewhere this weekend a team is going to win something for the first time. Youth soccer, rec leagues, high school, amateur clubs, it is all hitting the stretch run at once, and that energy is one of the best things about this time of year in the South.
We want to hear about it. What is your team chasing right now? A first trophy, a personal milestone, a run at a title nobody expected? Tell us what the final weeks of your season look like. Reply to this email or find us at @soccerdownhere and let us know.
☕ The Refill: News from Around the World
PSG Holds Advantage Heading to Munich: Paris Saint-Germain leads Bayern Munich 5-4 after a wild first leg of their Champions League semifinal, with the return set for Wednesday in Munich. Luis Enrique called it the most emotionally intense match of his season and said he is going to Munich to win, adding that a draw or loss would not be unfair given how evenly matched the sides were.
FC Thun on the Verge of a Historic Swiss Title: Promoted last May and predicted to struggle, FC Thun opened a 15-point lead atop the Swiss Super League after 31 matches, with 23 wins and 72 goals scored. The club's head coach, Mauro Lustrinelli, played for Thun in their 2005 Champions League run and returned to lead them out of the second division in 2022. A first title in the club's 128-year history is essentially secured.
Inter Milan Could Clinch Serie A This Weekend: Inter leads second-placed Napoli by 10 points with four rounds remaining and can clinch the title Sunday against Parma at San Siro, or even before kickoff if results go their way Saturday. Manager Cristian Chivu, part of Inter's treble-winning squad in 2010, is chasing his first trophy as a senior coach.
Champions League Rights Deal Delivers 40% Revenue Jump for UEFA: UEFA's partnership with Relevent Sports on Champions League media rights has produced a like-for-like revenue increase of 40% in the latest sales cycle. ESPN and Disney+ secured rights across South America, Central America, Mexico, and Brazil, while Paramount+ landed rights in Canada. The new structure allowed broadcasters to bid on multi-territory packages, which UEFA credited for the gains.
Barcelona One Win from Defending La Liga Title: Barcelona leads Real Madrid by 11 points with five matches remaining and can clinch the title as early as this weekend. A win at Osasuna on Saturday, combined with Madrid dropping points at Espanyol on Sunday, would wrap it up before El Clásico on May 10. Hansi Flick would be chasing a third major trophy in two years at the club.
South Africa Heading to Pachuca Early for Altitude Prep: South Africa will arrive in Mexico on May 30, nearly two weeks before their World Cup opener against co-host Mexico at the Azteca Stadium on June 11. Coach Hugo Broos cited the need to adjust to Pachuca's altitude, which sits around 200 metres above Mexico City. Bafana Bafana also play the Czech Republic in Atlanta on June 18 and South Korea in Monterrey on June 24.
Atlético Mineiro Reports R$882 Million Loss for 2025: The Minas Gerais club posted a financial loss of R$882 million for fiscal year 2025, driven largely by a R$572 million asset impairment in its football department. Total debt exceeded R$2 billion. Gross revenue grew 14% to R$768 million, led by broadcasting rights and player sales, but operational costs and football investment outpaced income significantly.
🏁 Final Whistle
The soccer weekend does not ease you in gently. Tonight it is Lambert and Pebblebrook under the lights in a Round of 16 match that could go either way, and we will have the call live on the SDH Network. Tomorrow night it is Atlanta United and Montréal at Mercedes-Benz Stadium, with a homegrown core that has decided this season belongs to them and a 7:40 p.m. kickoff that cannot come fast enough. El Clásico is on the horizon, the World Cup is closer every morning, and somewhere in Georgia a spring season is about to reach its final chapter. This is why we keep the alarm set.
Song of the Day: "vampire" by Olivia Rodrigo. John Textor's clubs have burned through hundreds of millions of dollars, pledged entire player rosters as loan collateral, and left a trail of unpaid transfer fees across two continents. The song fits.
Jason
