Spain’s Sports Law pushes clubs toward corporatization
Labels: Law 10, SADsSpain’s Law 10/1990 on Sport introduced the legal framework that led many professional clubs to convert into sociedades anónimas deportivas (SADs), a public-limited-company structure. The change was intended to improve financial control and transparency after years of instability. This set the stage for a more commercial, investment-driven La Liga in the 1990s and beyond.