The Government will complain to FIFA for the disaffiliation that the AFA applied to the first club that voted to be a sports corporation

The Government will complain to FIFA for the disaffiliation that the AFA applied to the first club that voted to be a sports corporation
The Government will complain to FIFA for the disaffiliation that the AFA applied to the first club that voted to be a sports corporation

The Secretary of Tourism and Sports, Daniel Scioli, was with Governor Alberto Weretilneck in Bariloche

(San Carlos de Bariloche) – The government led by President Javier Milei made the decision to move forward with the implementation of Sports Joint Stock Companies (SAD), with the aim of allowing the entry of private capital to football clubs with double objective of promoting foreign direct investments and improving the economy of these social entities. In this framework, the official revealed that the Executive will go to FIFA to reverse the sanction that the AFA applied to a small club from La Plata that voted to open the doors to management.

In dialogue with Infobaethe Secretary of Tourism, Sports and Environment, Daniel Scioli, confirmed that they will go to the body chaired by Gianni Infantino to “update” it about the disaffiliation that the Club Centro Fomento José Hernández de la Plata received from the AFA, after announce that it would be the first entity in the country to enable private investment in the field of football.

“The highest body in the world must, at least, be aware of this behavior”said Scioli, who in the coming days will meet with the president of the La Plata club.

The La Plata club that made the decision to open its doors to private capital

He assured that “there is a list of sports institutions that are on the same path, and there are also investors” and reaffirmed that “soccer is no stranger to the growing interest in investments in the country.”

The disaffiliation of José Hernández could threaten the transformation of other sports institutions that seek to incorporate private capital to get out of default or to improve their financial situation. That is why the government wants to deactivate this precedent and hopes to generate “a call for attention” to the body chaired by Tapia.

“We took experiences from other countries such as Brazil, Uruguay, Colombia and Chile, and that is why we also met with the president of LaLiga,” Scioli said. The objective is to give clubs the freedom to choose the inclusion of external investments to improve infrastructure, increase television rights, and increase the social amount. “Great figures of Argentine football have expressed themselves in favor,” considered the official, referring to the statements of Kun Agüero and Sebastián Verón.

After last Monday’s meeting with Javier Tebas, president of LaLiga, Scioli said that “we have to look at what is happening in the most important leagues in the world, it is the search for the modernization of the clubs, and ultimately of the entire discipline.” .

Javier Tebas met with the Government about the SAD

The Government’s objective is to incorporate the option that Argentine clubs can transform into public limited sports companies. This was established in DNU 70/23 that was signed at the end of last year by Milei, which applied profound deregulations in the economy, among them in the world of football.

Beyond sports issues, for the libertarian administration, the possibility of direct and rapid investments from abroad is a first-order objective. This is how the president explained it last January: “If the increase in savings is offset by investment, the adjustment will be less painful. There will be less job loss. The interesting thing about Public Limited Companies within football is that the investment comes in very quickly, because it is a very easy business. “It is not about building a plant, which can take more than two years.”

 
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