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SAF and Women's Football
Brazilian Law 14.193/21 (SAF Law) establishes, in Article 1, that "a football corporation whose main activity consists of the practice of football, both female and male, in professional competition (...) constitutes a football corporation (SAF)."
Regarding the Taxation of Sports Clubs and the Impact of Tax Reform on the Football Corporation
After a brief exposition regarding the tax scenario for SAFs a scenario resulting from the tax reform whose debate began at the dawn of Lula's government and concluded in 2026.
SAF, Corporate-Owned Club and Club: Consequences of Tax Reform and the SAF Law as a Solution to Alleged Inequalities
Since football arrived in Brazil and its practice began, the non-profit association model was adopted as the legal form for organizing the ownership of assets used in the activity.
Reflections on the SAF, Club Loyalty, and the Future of Major Teams
At the end of 2023, a year in which some relevant SAF projects were beginning to take off, analysts claimed that the model had failed, mainly due to the results of three of them: Botafogo, Cruzeiro, and Bahia.
Company Law, Real Madrid, Safiel and the Flexibility of the SAF Law
Law 6.404/1976, will be 50 years old in 2026. Its age reveals it to be increasingly beautiful, as it still (and always) provides the legal security that entrepreneurs and investors need to define their capital allocations.
Regarding Brazilian Coaches, Carlos Ancelotti, SAF and Waves of SAF Projects
The speeches by Emerson Leão and Oswaldo de Oliveira at an event held at CBF1 summarize, from different angles, the position of a class; or, at least, the position of a (numerous) segment of the class, overlooked or threatened by the influx of foreign coaches.
Analysis of the Compliance of the SAFs of the A and B Series of the Brazilian Championship Regarding the Advertising of Certain Acts: Another Survey by IBESAF
The Brazilian Institute for Studies and Development of Publicly Held Football Companies conducted new research, aimed at evaluating the degree of compliance of Publicly Held Football Companies (SAFs).
On the Irreconcilable Differences Between São Paulo and Fluminense's Projects: A Dialogue with Rodrigo Capelo
In an article entitled "The Tricolores and Professionalization," Rodrigo Capelo discusses the projects presented by Fluminense and São Paulo, and, after briefly explaining each, concludes: "For my part, it's professionalization that I support."
Governance and Football: The Necessary Separation Between Association Interests and the Football Company
The SAF's draft bill arose from a previous, much less comprehensive initiative: a "simple" proposal to reform the governance model of São Paulo Futebol Clube.
Related-Party Business: The Need to Address the Issue Within the SAF (and Football Clubs) - Part II
It is frequently pointed out that a deal between related parties of the SAF's controlling shareholder and SAF itself signals yet another (alleged) anomaly in the system, to the detriment of the club, usually a minority shareholder in SAF, which does not benefit from such a deal.
Related-Party Business: The Need to Address the Issue Within the SAF (and Football Clubs) - Part I
The provocation, it should be noted, does not apply only to football corporations, created by the SAF Law (Law 14.193/2021). The problem extends, with adaptations, to football clubs, established as non-profit associations.