Two days after the announcement of the Decree of Necessity and Urgency (DNU) of Javier Milei, Repercussions continue to arrive from the different affected areas. It is the case of the soccer clubsthat this Friday They demonstrated against the hand of River and Rosario Central.
“Football has no needs or emergencies,” read the message that both teams displayed before starting the game for the Champions Trophy. The image was signed by the hashtag “The World Champion Clubs”, the Professional Football League and the AFA.
In his announcement on Wednesday, Milei included modifying the Companies Law (No. 19,550) and the Sports Law (No. 20,655). These modifications will give the clubs the chance to become Sports Joint Stock Companies “if they wanted it” and with the vote of two-thirds of its members.
MIlei’s comment in favor of SAD in Argentine football
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 increasingly worse quality football? How do we do every time we go outside Argentina? Would you prefer to lose 4 to 0 against Milan but say I am national and popular? “Rather than giving him a romantic dance?” he stated. Milei in 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 Lorenzo, 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.
Source: Ambito
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