Sociedade Anónima Desportiva
Sociedade Anónima Desportiva ("Public limited sports company") is a special type of public limited company ( SA) in Portugal. The new legal status was introduced in the 1990s to improve financial management and transparency in sports clubs. Many Portuguese football and basketball clubs add the suffix SAD to the end of their official name. See also * List of football clubs in Portugal * Sociedad Anónima Deportiva Sociedad anónima deportiva ("Public limited sports company") is a special type of Spanish public limited company (known as in Spain). The new legal status was introduced in 1990 to improve financial management and transparency in sports clubs ... * Sociedade Anônima do Futebol References Law of Portugal Sports organisations of Portugal Sports terminology Corporate law Legal entities Types of business entity {{business-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Portugal
Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it shares Portugal-Spain border, the longest uninterrupted border in the European Union; to the south and the west is the North Atlantic Ocean; and to the west and southwest lie the Macaronesia, Macaronesian archipelagos of the Azores and Madeira, which are the two Autonomous Regions of Portugal, autonomous regions of Portugal. Lisbon is the Capital city, capital and List of largest cities in Portugal, largest city, followed by Porto, which is the only other Metropolitan areas in Portugal, metropolitan area. The western Iberian Peninsula has been continuously inhabited since Prehistoric Iberia, prehistoric times, with the earliest signs of Human settlement, settlement dating to 5500 BC. Celts, Celtic and List of the Pre-Roman peoples of the Iberia ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sports Clubs
A sports club or sporting club, sometimes an athletics club or sports society or sports association, is a group of people formed for the purpose of playing sports. Sports clubs range from organisations whose members play together, unpaid, and may play other similar clubs on occasion, watched mostly by family and friends, to large commercial organisations with professional players which have teams that regularly compete against those of other clubs and sometimes attract very large crowds of paying spectators. Clubs may be dedicated to a single sport or to several (multi-sport clubs). The term "athletics club" is sometimes used for a general sports club, rather than one dedicated to athletics proper. Friedrich Ludwig Jahn's Turner movement, first realised at Volkspark Hasenheide in Berlin in 1811, was the origin of the modern sports clubs. Organization Larger sports clubs are characterized by having professional and amateur departments in various sports such as bike polo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Association Football
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 Football player, players who almost exclusively use their feet to propel a Ball (association football), ball around a rectangular field called a Football pitch, pitch. The objective of the game is to Scoring in association football, score more goals than the opposing team by moving the ball beyond the goal line into a rectangular-framed Goal (sport), goal defended by the opposing team. Traditionally, the game has been played over two 45-minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries and territories, it is the world's most popular sport. Association football is played in accordance with the Laws of the Game (association football), Laws of the Game, a set of rules that has been in effect since 1863 and maintained by the International Football Association Board, IFAB since 1886. The game is pla ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 (approximately in diameter) through the defender's Basket (basketball), hoop (a basket in diameter mounted high to a Backboard (basketball), backboard at each end of the court), while preventing the opposing team from shooting through their own hoop. A Field goal (basketball), field goal is worth two points, unless made from behind the 3 point line, three-point line, when it is worth three. After a foul, timed play stops and the player fouled or designated to shoot a technical foul is given one, two or three one-point free throws. The team with the most points at the end of the game wins, but if regulation play expires with the score tied, an additional period of play (Overtime (sports), overtime) is mandated. Players advance the ball by boun ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Football Clubs In Portugal
The Portuguese football leagues are divided into divisions (''divisões'', singular – ''divisão''). The top teams play in the Primeira Liga, named Liga NOS for sponsorship reasons. In each division, with rare exceptions, a team plays all other teams twice, once at home and once away. One can divide the competitions in professional and non-professional. The Portuguese league and federation teams compete in Europe under UEFA, most notably in the UEFA Champions League, but also in the UEFA Cup, in the extinct Cup Winners' Cup and sometimes in the UEFA Intertoto Cup, European Super Cup and the extinct UEFA/Conmebol Intercontinental Cup (Toyota Cup). They can also compete in the FIFA Club World Cup, although until today no Portuguese team reached this recent competition. The teams also compete in a domestic cup competition each year, called Cup of Portugal (''Taça de Portugal'') and the winners play against the champions in the SuperCup Cândido de Oliveira. Current hierarchi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sociedad Anónima Deportiva
Sociedad anónima deportiva ("Public limited sports company") is a special type of Spanish public limited company (known as in Spain). The new legal status was introduced in 1990 to improve financial management and transparency in sports clubs. Many Spanish Association football, football and basketball clubs add the suffix S.A.D. to the end of their official name, for example Atlético Madrid, Club Atlético de Madrid, S.A.D. Every club which plays in La Liga, Segunda División or Liga ACB and remains in the league is obliged to convert to S.A.D. status. However, this obligation was eliminated in 2022. For historical reasons, Athletic Bilbao, Athletic Club, FC Barcelona, Real Madrid C.F., Real Madrid and CA Osasuna, Osasuna were allowed to retain their status as non-commercial sports associations. See also * List of football clubs in Spain * Sociedade Anónima Desportiva * Sociedade Anônima do Futebol References External links List of SAD at CSD website91360.co , spo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sociedade Anônima Do Futebol
Sociedade Anônima do Futebol ("Football anonymous society", SAF) is a type of public limited company in Brazil. It was introduced by Law 14193/21, which sought to improve the governance and financial management of Brazilian football clubs. Background Until 2021 football clubs in Brazil were structured as non-profit civil associations, who were exempted from taxes, and could not be sold to investors. Law 14193/21 seeks to provide a legal framework for clubs to transition to companies, providing mechanisms such as a centralized regime for indebted clubs to pay their creditors, allowing clubs to issue CVM-regulated securities and incentivizing new investments. Other than the civil associations, some football clubs were structured as public limited companies prior to the introduction of the SAF model, such as Cuiabá Esporte Clube (later transitioned to a SAF) and Red Bull Bragantino, who opted to remain as a public limited company. The law was based on a study by the lawyers Ro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Law Of Portugal
The Law of Portugal is part of the family of what in English-speaking countries are sometimes called the " civil law" legal systems, referring to legal systems that developed at least in conversation or close ties with systems influenced by the ius commune medieval European tradition of Roman law (however, Scandinavian legal systems are often counted as such, despite the former not penetrating in influence, as opposed to local North Germanic customary law). As such, it has many common features with the legal systems found in most of the countries in Continental Europe. Along its history, the law practiced in Portugal started to be based in the customary law of the indigenous peoples that initially occupied the region, that was later influenced by the Roman and Visigothic laws. From the 13th until the 18th centuries, the main influence was the Justinian and Canon laws. In the 18th century, the main influence started to be the natural law. CAETANO, Marcello«História do Direito ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sports Organisations Of Portugal
Sport is a physical activity or game, often competitive and organized, that maintains or improves physical ability and skills. Sport may provide enjoyment to participants and entertainment to spectators. The number of participants in a particular sport can vary from hundreds of people to a single individual. Sport competitions may use a team or single person format, and may be open, allowing a broad range of participants, or closed, restricting participation to specific groups or those invited. Competitions may allow a "tie" or "draw", in which there is no single winner; others provide tie-breaking methods to ensure there is only one winner. They also may be arranged in a tournament format, producing a champion. Many sports leagues make an annual champion by arranging games in a regular sports season, followed in some cases by playoffs. Sport is generally recognised as system of activities based in physical athleticism or physical dexterity, with major competitions admitt ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Corporate Law
Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations. Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corporation.John Armour, Henry Hansmann, Reinier Kraakman, Mariana Pargendler "What is Corporate Law?" in ''The Anatomy of Corporate Law: A Comparative and Functional Approach''(Eds Reinier Kraakman, John Armour, Paul Davies, Luca Enriques, Henry Hansmann, Gerard Hertig, Klaus Hopt, Hideki Kanda, Mariana Pargendler, Wolf-Georg Ringe, and Edward Rock, Oxford University Press 2017)1.1 It thus encompasses the formation, funding, governance, and death of a corporation. While the minute nature of corporate governance as personified by share ownership, capital market, and business culture rules diff ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |