In Brazilian football, the vast majority of clubs is still constituted as associations, whose corporate type, for an enormous range of reasons, is no longer adequate to the moment in which we live.

Currently, it is imperative that clubs constitute a limited liability company for the management of activities related to professional football, enabling the search for investments in the market capable of increasing their sporting and economic results.

The crisis caused by Covid-19 accentuated the financial fragility of football clubs, making the conversion to a company the only viable alternative for their capitalization.

Carlezzo Advogados was one of the first law firms in Brazil to make the connection between sporting and corporate matters, being since 2004 in constant contact with football clubs in Brazil and abroad in order to structure corporate operations that guarantee a financial investment.

In addition, the firm maintains a dialogue with the international market in order to present investment projects in football clubs. From our office in Chile, we also reach the Chilean market, which in South America has the spotlight in terms of corporate transactions with football clubs.

Our reach is also international, once we advise investors interested in acquiring football clubs in other countries.

Based on these premises, Carlezzo Advogados is a leading firm in Brazil in advising football clubs on the planning and structuring of companies for the management of football-related assets, being able to provide the following services:

• Establishment of limited liability companies for the management of all football club assets
• Advising in negotiating shareholdings in football clubs
• Interlocution, negotiation and attracting investments in Brazil and abroad
• Structuring and implementing corporate governance principles
• Corporate reorganization of football clubs, analyzing the legal structure and the determinations and consequences of sports legislation, with a focus on obtaining the corporate model that best corresponds to the market demands and the club's needs
• Revision of bylaws of clubs, federations and confederations
• Negotiation and structuring of corporate partnerships with overseas-based football clubs
• Drafting of joint ventures, articles of association, bylaws and any other corporate documents
• Establishment of business companies for athletes, with the purpose of exploring and managing their image and sports career
• Planning and structuring of fundraising via capital market

We are able to advise companies at all stages, ensuring compliance with legal and regulatory requirements. Strategies to manage risks, comply with legal obligations and communicate with shareholders are among our qualifications.

We help our clients to innovate with M&A strategies that allow them to lead in their industries. We rely on partnerships with financial advisors to maximize our client success.

We seek to establish governance agreements to protect the interests of our clients, while building trust and promoting relationships between partners, in addition to supporting the growth of business and, if necessary, separations or restructuring, also through new investors, profitable exits or continuous expansion.

We consider all problems and challenges from the beginning to ensure that opportunities are maximized while we mitigate the risks.

In addition, we maintain a dialogue with the international market in order to present investment projects in the industries in which we operate. From our office in Chile, we also reach the Chilean market.

Based on these premises, Carlezzo Advogados is qualified to provide the following services:

• Establishment of anonymous society and limited liability
• Advise in the negotiation of equity
• Interlocution, negotiation and attracting investments in Brazil and abroad
• Structuring and implementing corporate governance principles
• Corporate reorganization, analyzing the legal structure and the determinations and consequences of the legislation, with a focus on obtaining the corporate model that best corresponds to the market demands and the client’s needs
• Drafting of joint ventures, articles of association, bylaws and any other corporate documents
• Planning and structuring of fundraising via capital market