26 January 2023

The new legal framework for sports companies

The Portuguese Government announced, on January 12, 2023, the approval by the Council of Ministers of a draft law that revises the legal regime for Portuguese sports companies. Its main objectives are:

(i)     Rebalancing the rights in the relationship between the founding clubs and their respective sports companies;
(ii)    Strengthening of the suitability requirements;
(iii)  Reduction of conflicts of interest;
(iv)   Guarantee of gender quotas in the administration and supervision of the sports companies;
(v)    Greater transparency and publicity;
(vi)   Creation of a regime of misdemeanors and a channel for complaints;
(vii) Supervision.

José Carlos Silva

Photo from Pixabay

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