The women's section was closed in 2012. The club's president Luis Álvaro de Oliveira Ribeiro closed down the women's team and the men's futsal team because an alleged lack of sponsorship meant they were not self-sustaining. It was attributed to the effort of holding male star player Neymar at Santos.[6][7]
In 2015 incoming Santos president Modesto Roma Júnior reinstated the women's team, as part of wider reforms aimed at repairing the previous regime's financial mismanagement.[8]
Santos play their home games at Estádio Vila Belmiro, hence the club's nickname Sereias da Vila, meaning Vila's Mermaids.[1] The stadium has a maximum capacity of 16,798 people.[9] They also play occasionally at neighbouring Estádio Ulrico Mursa, which is owned by Portuguesa Santista.
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