Javier Milei Proposes to Implement Sports Joint Stock Companies in Argentine Soccer, with Chelsea Interested in Buying 5 Clubs

07/01/2024 19:51hs.

The President of the Nation, Javier Miley, insisted this Sunday on the possibility of implementing Sports Joint Stock Companies in Argentine soccer. “Investment comes in quickly and it is an easy business,” he argued. Furthermore, he assured that Chelsea of ​​England is interested in buying five Argentine clubs.

“The interesting thing about SAD in football is that the investment comes in very quickly. Because it is a very easy business. You don’t have to create enormous machinery, because building a plant can take you, I don’t know, two years. There is the will to investment expressed by Chelsea, in the case of wanting to buy to Boca, Racing, Newell’s, Lanús and Estudiantes”Milei said in dialogue with radio Miter.

Milei will respect those clubs that decide to continue as non-profit civil associations, but he noted the following: “I am a fan of Boca and if investment groups come and put a fortune in Boca and that means that Boca always wins and River cannot beat them. win a single game, the question is, where do I sign?”

Milei dismissed that the inclusion of the SAD in the Decree of Necessity and Urgency (DNU) 70/2023 is not imperative: “It is of necessity and urgency. There are Arab groups expecting to invest close to three billion dollars and, to For us, if the increase in savings has a counterpart in investment, the adjustment is less painful, activity falls less, and jobs are lost less,” added the head of state.

Who is the owner of Chelsea?

Todd Boehly is the American businessman who bought the club from the Russian Roman Abramovich, forced to transfer due to the rejection caused by Russia’s military invasion of Ukraine. The current owner has a large consortium that ranges from the Los Angeles Dodgers (co-owner) to the Los Angeles Lakers. For Chelsea he paid close to five billion euros.

In the Blues he invested more than 600 million euros in signings. One of them is that of the Argentine Enzo Fernández at 121 million euros.

Boehly celebrates a Chelsea goal.

⚠️💵 Milei revealed the clubs in which Chelsea were interested to invest: BOCA, RACING, NEWELL’S, ESTUDIATES AND LANÚS

“Yes, the SAD are of necessity and urgency, due to foreign investments. There are Arab groups expecting to invest close to 3,000 million dollars.… pic.twitter.com/tnIjZRn8Wf

— Diario Olé (@DiarioOle) January 7, 2024

Barrier in the AFA

The entity chaired by Claudio Tapia managed, before the presidential election that consecrated Milei, to get the clubs to commit against the SAD. They were also mobilized by the treasurer Pablo Toviggino. Thus, by Statute, there is no way to be admitted to a SAD.

In addition, there are clubs that by Statute must remain non-profit societies.

It must be remembered that both Tapia and Toviggino explicitly supported Sergio Massa’s candidacy. Chiqui even presented the then Minister of Economy as the “future president of the Nation” at an event on the Ezeiza property, in the middle of the campaign.

Toviggino, on his “What a pity Pupi that you were in Argentina for a little while and you don’t know the clubs. Maybe the important thing would be for you to ask Talleres de Remedios de Escalada what they think about it. Does the club sound familiar to you? I don’t think the members want a foreigner (Chinese) , Indonesian or whoever) decides on them)”.

It must be remembered that during 2023 the AFA annulled relegations, in full competition, in Primera, in PN and Federal A, in addition to unifying C and D, which caused the benefited clubs to have more empathy for Tapia and Toviggino. .

Matias Lammens, Tapia and Massa, at the press conference in which Chiqui presented the man from Tigre as the future president of the Argentines.