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ES
Is Brazilian football’s limited company system a model for Argentina — or a warning?
['Fernando Romero Nuñez']
Buenos Aires Herald
Brazilian football has traditionally been the ying to Argentina’s yang.
Like in Argentina, it had long been debated, and it finally prevailed at a time when Brazilian clubs were racking up debts, suffering financially, and beset by accusations of mismanagement.
It created the sociedade anônima do futebol (SAF), or public limited football company — and brought with it a barrage of changes to Brazilian football.
So, has the SAF model ushered in a golden age for Brazilian football?
The economics of Brazilian football are worlds apart from Argentina.