Reflexões sobre o modelo da Sociedade Anônima do Futebol (SAF) no Brasil sob à luz do regime de obrigações disposto na Lei 14.193/21

Abstract

This work aims to present some relevant aspects brought by Law 14.193/2021, which instituted and regulated the figure of the “Sociedade Anônima do Futebol” (SAF) in Brazil. The aim is to discuss the historical aspects involving the legal structures of football clubs in the country until arriving at the legal-legislative context that culminated in the enactment of the new legislation. After that, the work will promote a qualitative analysis of the Law, relating the forms of constitution of the SAF with its respective regime of obligations, in order to understand how the interests of creditors will be affected. Based on this approach and taking advantage of some concrete cases, this work will conclude that the “drop down” route will be the most used by Brazilian football clubs that opt for the SAF model.