Key Strategies For Investors In Brazilian Football
In 2021, a new “Football Corporations Law” (Federal Law 14.193/2021)1 was enacted in Brazil aiming to create the legal framework for Brazilian football clubs – which continue to be majorly incorporated as not-for-profit associations – to change for a more efficient and investor-friendly corporate model, while creating the necessary incentives for a highly indebted industry to seek that change.
In Part 1 (which can be accessed here), the authors discuss the existing system of organization of football clubs in Brazil along with the issues that it has created. They also delve into the Football Corporations Law and provide an overview of the changes that the law brings.
This article discusses how and why investors should look to invest in Brazilian football clubs and provides some key tips on getting it right.
We also recorded a podcast for further background & analysis:
To continue reading or watching login or register here
Already a member? Sign in
Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts. Find out more here.
- Tags: Brazil | Corporate Law | Football | Regulation & Governance | Sports
Related Articles
- Why Does Luxembourg Still Not Have A Professional Football League?
- What Are The Requirements For Owning And Running A Professional Football Club In Italy?
- Unilateral extension options in football contracts: Are they valid and enforceable?
- The Requirements For Investing, Owning And Running A Professional Football Club In Spain (LaLiga)
- Agents, clubs and players: a breakdown of the complicated tax relationship in Spanish football
- Why Brazil’s New Football Corporations Law may change club football?
Written by
José Francisco Manssur
Partner at Ambiel, Manssur, Belfiore, Gomes, Hanna Advogados.
Tiago Gomes
Tiago Gomes is a Partner at Souto Correa Advogados. He has recognized knowledge in various segments of Corporate Law, with solid experience in providing legal counsel to both national and international clients. His expertise encompasses areas such as Corporate Law, Mergers and Acquisitions (M&A), Competition Law, Capital Markets, and Infrastructure.
Beatriz Ponzoni Junqueira
Associate at Ambiel, Manssur, Belfiore, Gomes, Hanna Advogados.
Carla Guttilla Lacerda
Carla Guttilla Lacerda is a lawyer at Souto Correa Advogados in Brazil. Carla’s experience focuses mainly in the area of business law, with an emphasis on corporate law, contracts, intellectual property and protection of personal data. She holds a post-Graduation degree in Corporate Law at Fundação Getúlio Vargas (FGV-SP). She is a member of the Youth Council of SIGA – Sports Integrity Global Alliance.
