From the development of one of Europe’s most successful clubs to a confrontation between father and son, Sevilla’s story shows that shared ownership does not necessarily mean a shared project.

The Glazer family’s control of Manchester United shows that legal ownership is not enough to preserve legitimacy. The leveraged buyout, debt structure and differentiated voting rights reveal how succession, ownership and family governance must be aligned to sustain trust across generations, shareholders and broader stakeholders.

Quatro famílias, quatro clubes e dilemas que toda empresa familiar conhece. Os casos de Agnelli, Pozzo, Glazer e Moratti revelam como sucessão, controle, identidade e governança podem preservar ou comprometer um legado.