Clubs reject SAD in Argentine football after Javier Milei’s DNU

Less than a week ago, the deputy Juliana Santillan revealed that the National government will include in the package of laws a project to enable the Sports Joint Stock Companies (SAD) in football that they will present to Congress and clarified that it will be an option, “they can take it or not”.

“We are talking about sports having a large increase in foreign investment in the country, for that we have to change the system, which is optional, they can take it or not, therefore, it is not privatization, it is the English system, where “They can choose or not to join that scheme.”expressed Santillan this Friday after a meeting with Guillermo FrancosMinister of the Interior of the Nation.

And he added that it will be for those who want to do it: “Clubs that want to grow from lower to higher leagues through the support of international businessmen will have the possibility and those that don’t will not”clarified the national legislator.

MIlei’s comment in favor of SAD in Argentine football

However, before the announcement, Milei Through an interview he had revealed his support for the Anonymous Societiessomething that aroused the discomfort and repudiation of the country’s sports clubs.

“Who the hell cares who (the owner) is if you beat River five to zero and you are world champion? Or do you prefer to continue in this misery that we have with worse quality football every time? How are we doing each time? that we left Argentina? Do you prefer to lose 4 to 0 against Milan but say I am national and popular? Rather than hit a novel dance?”he claimed Milei dialogue with the journalist Alejandro Fantino.

The strong rejection of the clubs to Milei by the SAD

Representative clubs of the country such as Boca, River, San Loremzo, Independiente and Racing They strongly rejected the arrival of the SAD to the argentine soccer through publications on their social networks.

“Faithful to its originsrespectful of the clear principles defended for almost 120 years, Boca Juniors ratifies its character as a non-profit civil association and the premise that our club belongs to its people, members who make it bigger every day.”he pointed Mouth.

“Following the spirit of our founders, we reject public limited companies in Argentine footballas our Assembly ratified in 2016 when the Super League was established. “Club Atlético River Plate is a non-profit civil association, and will always belong to its members, who are the support of these 122 years of greatness.”he indicated River.

At the same time, in an assembly of representatives in the Argentine Football Association (AFA)the leaders unanimously repudiated the arrival of the SAD: “Each of you made a public demonstration against the SAD and I want to congratulate you. The clubs need to fulfill the function they fulfill as the Civil Associations that they are. I am convinced that that is its essence.”said the president of the AFA, Claudio Tapia before the assembly.

What are Sports Joint Stock Companies (SAD)

Sports Joint Stock Companies (SAD) They are profit-oriented, seeking individual benefits and profits. The main owners of the clubs under this model are investors.

In this context, The partners do not participate in making decisions related to the sports entity, since the responsibility falls completely on the shareholders, which can be companies, individuals or entities, through representation on a Board of Directors.

It is worth noting that to support their operations, these clubs can attract foreign investments and have the option of listing on the stock market as ways to finance their activities.