Articles & News

Found 33 articles

CVM Enters the Field

On August 21, 2023, the Securities and Exchange Commission (“CVM”) published Guidance Opinion No. 41 (“Opinion”), which deals with Football Corporations (“SAF”) and their dialogue with – and access to – securities market.

Expansion of Priority Economic Segments and Boosting Incentivized Debentures

On April 26, 2023, a Decree was published, which, among other measures, extended the list of sectors of the economy that may have investment projects considered a priority and, consequently, eligible for the tax benefits established by Law 12,431/11

The Foot-Debenture and New Access Routes to the Incentivized Capital Market for Investment in Sports Equipment

The recent Decree 11,498/23, of April 25, 2023, can make new and efficient financing mechanisms for football viable, and mitigates -even partially- a historic misunderstanding.

The theme of this column suggests a dialogue with a text recently published by the general editor of sports at Estadão, journalist Robson Morelli, whose title is "learn to live with the SAF".

Sócrates, Neymar, Galvão Bueno and the Role of Football

One night at dawn in 2009, I got a call around 11:30 pm on a Wednesday. It was the journalist Victor Birner, inviting me to meet him at a bar. Minutes later, I was next to one of the idols of my life-after, obviously, his brother, Raí, the greatest player in the history of São Paulo and PSG.