The squads for all five FIFA World Cups and two Olympic gold medals won by Brazil have had at least one Palmeiras player in them, an honour shared with cross-city rivals São Paulo.

"[8] In 1942 during World War II, the government of President Getúlio Vargas issued a decree banning any organization from using names related to the Axis Powers (Germany, Italy, and Japan).

The night before the last game of the state championship, scheduled for 20 September 1942, the Palestra board of directors held a heated meeting and changed the club's name.

When the debate reached its peak, Dr. Mario Minervino took the floor and asked club Secretary, Dr. Pascoal W. Byron Giuliano, to note in the minutes: – "They don't want us to be Palestra, so then we shall be Palmeiras – born to be champions."

Tensions flared during the final league match, where Palmeiras's opponent was São Paulo Futebol Clube (SPFC), which was laying claim to the assets of the former Palestra Italia.

At that moment, the SPFC ordered its players to consider the Palmeiras squad an enemy of the homeland and pulled its side off the field amid jeers from even the club's own fans.

"[8] In January 1951, the Brazilian sports newspaper O Globo Sportivo ran a lead story reporting that FIFA President Jules Rimet would grant unconditional support to holding a world club championship in Rio de Janeiro.

[14][15] In 2006, Palmeiras prepared a document for FIFA, describing the 1951 Copa Rio in detail, in order to request official confirmation of their victory as the first ever club football world championship.

In April 2013, FIFA General-Secretary Jérôme Valcke, again recognized Palmeiras as champions of the "first Club World Cup ever held" in written communication to the Brazilian Minister of Sports, Aldo Rebelo.

The eight-team competition involved some of Europe's top teams, Uruguayan behemoths Nacional and Brazilian duo Vasco da Gama and Palmeiras, who qualified as Rio-Sao Paulo Tournament winners".

Managed by Filpo Núñez, Palmeiras players won the most important national competition in 1965, the Rio – São Paulo championship, with stand-out performances.

That same year, the Brazilian Sports Federation (CBD) used the entire Palmeiras roster to inaugurate the Mineirão Stadium and represent Brazil in an official national team match against Uruguay for the Inconfidência Cup.

These victories laid the groundwork for the second Palmeiras Academy, with players like Luís Pereira, Leivinha, Emerson Leão, Dudu, Ademir da Guia and César.

In 1986, Palmeiras fielded a good team – routing Corinthians 5–1 and playing a historic game in the semifinals of the São Paulo State Championship against that same rival, prevailing 3–0.

Important players from that team were World Cup winners Marcos, Zinho and Roque Júnior, as well as Alex, Evair, Paulo Nunes, and César Sampaio.

The young Palmeiras team eventually lost the 2000 Copa Mercosur final to a Vasco da Gama full of stars such as Romario, Juninho Paulista, and Euller.

The team was called “bom e barato” (good and cheap) and their success triggered a new management philosophy in the club, which was eventually proven to not be as effective in subsequent years.

After reaching the 2001 Copa Libertadores semi-finals (where they lost to the Boca Juniors), the club had a bad 2002 season that ended in relegation to the Série B, but immediately returned in 2004.

He was replaced by Gilson Kleina,[32] the manager of Ponte Preta, but the team failed to improve its performances and was relegated to the Campeonato Brasileiro Série B for the second time in its history after a draw against Flamengo on November 18, 2012.

[33] In 2013, now under the administration of newly elected President Paulo Nobre,[34] Palmeiras was easily promoted back to the first division with six games to spare, ensuring their participation in the 2014 Série A for the club's centennial season.

Palmeiras suffered a setback early on in its 2014 centennial season as head coach Kleina was sacked, swiftly followed by the departure of striker Alan Kardec and defender Henrique.

[35] Argentinian Ricardo Gareca was signed to coach the team after the break for the World Cup in Brazil, but failed to meet expectations and was sacked after a short spell.

[45] On 30 January 2021, Palmeiras, led by Portuguese coach Abel Ferreira, won the 2020 Copa Libertadores against Santos by a score of 1–0 at the Maracanã, in Rio de Janeiro.

[48] On 27 November 2021, Palmeiras won the 2021 Copa Libertadores against Flamengo, with a score of 2–1, in a single match in a decisive confrontation held at Estadio Centenario, in Montevideo, Uruguay.

Once again led by the Portuguese coach Abel Ferreira, Palmeiras managed to win the second consecutive title in less than a year – the first time they ever achieved such feat in their history.

In February 2022, Palmeiras played the 2021 FIFA Club World Cup and finished in the second place after beating Al-Ahly in the semifinals, and losing the final match 2–1 in extra time against Chelsea after a penalty confirmed by the video assistance referee.

In April 2022, Palmeiras won their 24th Campeonato Paulista after beating Sao Paulo FC in the Finals by 5–3 on aggregate, coming back from a 3–1 loss in the first leg.

They clinched their 12th Brazilian title by drawing with Cruzeiro in the final round, further solidifying their status as the most successful national champion and repeating their achievement from 1994 when they last secured consecutive championships.

The venue was also known as Parque Antártica because the area was a park built by the Antarctica Paulista Brewing Company in the beginning of the last century, before being acquired by Palmeiras in 1920.

Last updated: 8 August 2020Source: Palmeiras The club associates congregate in a general assembly every four years to elect the seventy-six members of the Conselho Deliberativo (Deliberating Council)[69] who in their turn chose amongst them a president for a two-year mandate.