Behind the sport, by imperative of several legislations, there is an institutionality that serves for its organized exercise, generically called sports clubs, which in the first instance and almost without exceptions were born and remain catalogued as private non-profit institutions. The times, more and more devoted to the "mercantile sense", have changed, and with them, the reality of sports institutions. It is no longer strange to observe how sports clubs have huge and ever-increasing annual budgets, worthy of any international company, which serve to satisfy an uncontrolled frenzy of spending on players, high debts and investments of dubious profitability, which have led to a general feeling of impunity due, in large part, to the lack of accountability that organizations of this type have. The objective of this paper is to study the legal figure of the Sociedad Anónima Deportiva in Ecuadorian and international legislation and to offer it as a new organizational structure to replace the old non-profit organization.