Sociedad anónima deportiva ("Public limited sports company") is a special type of

public limited company A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be fr ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = '' Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , ...

. The new legal status was introduced in 1990http://www.csd.gob.es/csd/asociaciones/6SAD/ (Spanish) to improve financial management and transparency in sports clubs. Many Spanish

football Football is a family of team sports that involve, to varying degrees, kicking a ball to score a goal. Unqualified, the word ''football'' normally means the form of football that is the most popular where the word is used. Sports commonly ...

and

basketball Basketball is a team sport in which two teams, most commonly of five players each, opposing one another on a rectangular Basketball court, court, compete with the primary objective of #Shooting, shooting a basketball (ball), basketball (appr ...

clubs add the suffix S.A.D. to the end of their official name, e.g. Club Atlético de Madrid, S.A.D. Every club which plays in

Segunda División The Campeonato Nacional de Liga de Segunda División, commercially known as LaLiga SmartBank for sponsorship reasons, is the men's second professional association football division of the Spanish football league system. Administrated by the L ...

Liga ACB The Liga ACB, known as Liga Endesa for sponsorship reasons, is the top professional basketball division of the Spanish basketball league system. Administrated by the Asociación de Clubs de Baloncesto (ACB), Liga ACB is contested by 18 teams, ...

and remains in the league is obliged to convert to S.A.D. status. For historical reasons, Athletic Club,

FC Barcelona Futbol Club Barcelona (), commonly referred to as Barcelona and colloquially known as Barça (), is a professional football club based in Barcelona, Catalonia, Spain, that competes in La Liga, the top flight of Spanish football. Found ...

Real Madrid Real Madrid Club de Fútbol (, meaning ''Royal Madrid Football Club''), commonly referred to as Real Madrid, is a Spanish professional football club based in Madrid. Founded in 1902 as Madrid Football Club, the club has traditionally wor ...

and

Osasuna Club Atlético Osasuna (, ''Osasuna Athletic Club''), or simply Osasuna, is a Spanish professional football club in Pamplona, Navarre. Founded on 24 October 1920, the club currently plays in La Liga, holding home games at the 23,576-capacity El ...

were allowed to retain their status as non-commercial sports associations.

List of clubs

Football

Basketball

References

External links

List of SAD at CSD website

91360.co , sport business website
{{DEFAULTSORT:Sociedad Anonima Deportiva Law of Spain Sports organisations of Spain Sports terminology Corporate law Legal entities Types of business entity

List of clubs

Football

Basketball

See also

References

External links