🚨Historic: Chile approves reform to sports corporations | OneFootball

After a decade of legislative processing, the Chamber of Deputies approved this Wednesday by a wide majority the reform to the Sports Joint-Stock Companies Law. With 148 votes in favor and only one against, the initiative — pushed through with the utmost urgency by Sports Minister Natalia Duco — is now ready for enactment, marking a before and after in the structure of Chilean football.

An end to multi-ownership and conflicts of interest

The new regulations modernize oversight and establish strict bans to put an end to multi-ownership and conflicts of interest that have affected the professional game. Although there were attempts by opposition sectors to delay certain points, broad cross-party consensus made it possible to pass the law, which seeks to rescue football from its current critical state.

The deadline for the ANFP’s independence

One of the most far-reaching changes is the definitive separation of the ANFP and the Chilean Football Federation. The Federation will have 18 months to adapt its bylaws and become a National Sports Federation (FDN), guaranteeing a more transparent and autonomous structure for the development of all sports in the country.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.

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