Análise contábil e financeira das sociedades anônimas do futebol da série a do campeonato brasileiro e o impacto da mudança na gestão dos clubes

Abstract

This study aims to analyze the accounting and financial indicators of Public Limited Companies (PLCs) in the A Series of the Brazilian Championship and how changes in management have impacted the clubs. Specifically, it seeks to identify how the transition to the PLC model can influence financial management, verify the cost and revenue structures of first division clubs, and assess the transparency of accounting information. This research was motivated by the change introduced by Law No. 14,193/21, which established the Public Limited Company of Football, a significant turning point in Brazilian football. The study is descriptive in nature, as it aims to analyze and record data without interfering with it, and it adopts a qualitative approach due to the need for induction and subjectivity. The results highlight the immediate liquidity indicator, where all studied clubs showed insufficient indices, indicating solvency issues. Regarding debt indicators, the Participation in Third-Party Capital indicator is the most negative among almost all PLCs, largely due to accumulated losses. In conclusion, the research finds that this new management model represents a necessary advancement in the context of Brazilian football, as it not only improves the financial health of clubs but also promotes a cultural and administrative transformation essential for the sport's future. With appropriate work, the coming years will be significantly impacted by this transformation in football management.