LIGA MX
Club América to be listed on the Mexican Stock Exchange
The club will become the first in the Liga MX to enter the stock market, following Manchester United, Juventus and Ajax.
America will enter onto the Mexican Stock Exchange. It will be the first club in the history of Liga MX to put its shares up for negotiation. ESPN and Mediotiempo revealed that the club is in the process of validating and delivering the documents required to be part of the stock market system in approximately six months.
Las Águilas will not be the only asset that belongs to Televisa to enter the Stock Market, according to both media outlets: the Azteca Stadium will also go through the same process, although both entities will trade independently.
In October 2022, the television company announced that it would separate various entities, such as the World Cup stadium and the club, to grant them greater economic independence. Both América and Estadio Azteca will be united within the same society, but the structure and model have not yet been disclosed.
América to join some of Europe’s most successful clubs
America will join a select list of publicly traded football clubs, such as Manchester United, Juventus, Borussia Dortmund and Ajax. According to Expansión, 25 football institutions across 13 countries already carry out this practice. The largest number is concentrated in Denmark, which has five clubs.
The Azteca Stadium will host the 2026 World Cup which will be spread across the United States, Canada and Mexico and the historic venue will undergo a renovation in mid-2023. By then, it is possible that the company that runs the stadium is already on the stock exchange, with which it hopes to attract a greater number of investors to face the expenses that the renovation will undoubtedly have.