Sociedade Anônima do Futebol
Type of public limited company in Brazil / From Wikipedia, the free encyclopedia
Sociedade Anônima do Futebol ("Football anonymous society", SAF) is a type of public limited company in Brazil.[1] It was introduced by Law 14193/21,[1] which sought to improve the governance and financial management of Brazilian football clubs.[2]
For the equivalent in Portugal, see Sociedade Anónima Desportiva.