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From amateurism to professionalism: legislation changes transforming Brazilian football

Ricardo Miorin Gomes (Universidade de Brasília, Brasília, Brazil)
Ricardo Corrêa Gomes (Department of Public Administration, FGV-EAESP, Sao Paulo, Brazil)
Erika Lisboa (Department of Public Administration, FGV-EAESP, Sao Paulo, Brazil)

Accounting, Auditing & Accountability Journal

ISSN: 0951-3574

Article publication date: 5 December 2022

29

Abstract

Purpose

This paper aims to present a situation that Brazil is coming to terms with the creation of football companies. The solution is to sell football clubs to investors that can solve any inherited financial crisis and provide the players the clubs need to improve the situation. As clubs are now managed by investors, board members, society and supporters have almost no information about how the clubs are being managed. The authors’ recommendation is that besides the need for a transformation in management, there is also an urgent need for professionalisation and government regulation of the process (Andon and Free, 2019).

Design/methodology/approach

The authors’ comments are based on documents, laws and newspaper news.

Findings

The results are engaging with the clubs achieving results in the short term, supporting fans returning to stadiums and the possibility of more investors becoming shareholders of football clubs.

Originality/value

This study is the first academic exercise of meditation about the process of turning Brazilian football clubs into anonymous societies.

Keywords

Citation

Gomes, R.M., Gomes, R.C. and Lisboa, E. (2022), "From amateurism to professionalism: legislation changes transforming Brazilian football", Accounting, Auditing & Accountability Journal, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/AAAJ-06-2022-5834

Publisher

:

Emerald Publishing Limited

Copyright © 2022, Emerald Publishing Limited

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