Reference image. Total club assets increased 7.15 %, passing to $ 908,000 million.
Photo: EFE – Welcome Velasco
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The Colombian football business maintained a positive performance in 2024. According to the Superintendence of Companies, the total assets of the clubs increased 7.15 %, when it went to $ 908,000 million, while the equity grew 6.27 % and reached $ 350,000 million at the end of December.
“This behavior reflects a greater capacity for accumulation of resources and evidences a sustained expansion in the strength of financial operations,” said the Superintendent of Companies, Billy Escobar.
The figures also show that ordinary income presented an increase of 2.7 %, while those derived from sports rights, financial yields and other sources grew 11.48 %.
Basel and fertilizers also increased by 17.2 %. For the entity, this behavior is a sign of the recovery of stadium assistance, as well as strengthening the link between clubs and fans.
Recently this authority advanced a survey focused on the corporate governance of 34 soccer sports clubs.
Part of the data that most attract attention is that these companies involve a total of 6,837 shareholders. 52.9 % have between 5 and 10 shareholders; 23% between 101 and 300 shareholders and 2.9% more than 4000.
“Although there is a significant concentration of the property in some cases the linking of numerous minority shareholders has been achieved. The companies with the highest number of shareholders are blue & white Millionaires FC SA, America of Cali SA and Cortuluá Fútbol Club SA,” said the Superintendency.
The survey also revealed that there is an outstanding presence of foreign investors, especially in societies such as Pereira FCSA, Athletic Sports Club Huila SA, América de Cali SA, Club Deportivo La Equidad SA, Blue & White Millionaires FC SA, Real Soacha Cundinamarca SA and strength Football Club Sa
Also that 52% of sports clubs are recognized as family companies, of which 66.7% are in the first generation and 33.3% in the second. Of this kind of companies only 38% have a succession plan, which represents a risk against the lasting of this kind of organizations.
The majority of sports clubs have board of directors formed by five main members (62%); others with 3 (35 %) and four (3 %).
“It is convenient to integrate joints with odd numbers to avoid blockages and that are not too large. In this matter there is a formation of these joints according to these recommendations,” says the Superintendency.
Female leadership only has a 26.2 % participation among the main members of the Board of Directors. The recommendation made by the entity is to continue promoting the linking of women in the administration of companies.
“25.5% of the main members of the Board of Directors perform managerial positions in the Sports Club, while 48.3 have the quality of shareholders. 41% of the members of the Board of Directors are between 46 and 55 years; 38% are over 56 years old; 14.7% are between 35 and 45 years and only 2.9% are under 35 years old,” reads the report in the report.
If the training of management members is analyzed, 47.1 % have training in economic and accounting sciences, while professionals in health sciences and sports have a weight of 11.8 %, as are lawyers.
“In 64.7% of societies, the Board of Directors is not evaluated. The evaluation of the Board of Directors is essential because it helps identify strengths and weaknesses, improve the effectiveness of decision making, ensure alignment with strategic objectives, promote continuous improvement and guarantee solid and responsible governance,” warns supersociedades.
Regarding club control, it was recorded that in 17 the business group is exercised; In 11, natural persons and, in 6, foreign matrices.
“The appropriate corporate governance structures are fundamental because they encourage transparency, accountability and ethics, which improves the confidence of investors and customers, facilitates access to financing and strengthens the sustainability and long -term value of organizations,” concluded Billy Escobar.
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