Part 3/7:
The SAFs in Context
Despite the growing number of SAFs, the majority of top-tier clubs in Brazil still adhere to traditional associative models. Significant teams like Flamengo, Palmeiras, and São Paulo continue to showcase a successful associative structure while navigating financial challenges and team management.
The ongoing shift towards SAF isn't uniform across all clubs. Some, like Vasco da Gama, have struggled in their transition and now seek new ownership, while clubs like Botafogo have successfully embraced the SAF model and experienced growth. The approach to SAF varies significantly, with some clubs benefiting greatly from the investment, while others face hurdles.