The shares of Liga MX’s Club América, a branch of Televisa, Mexico’s largest broadcaster, experienced an impressive surge of up to 200% during their market debut on Tuesday. This spin-off entity, also known as Ollamani, encompasses Mexico’s current league champions, Club América, and their legendary Estadio Azteca. The amalgamation of Televisa’s former betting business and publishing operations has generated significant interest among investors.
Following their grand entrance into the stock market, Club América joins a select group of publicly traded football clubs around the world. Noteworthy names in this category include Manchester United, Juventus, Borussia Dortmund, and Ajax. It is estimated that there are about 25 publicly traded football institutions across 13 different nations. Club América holds the distinction of being the first Liga MX club to venture into the local stock market.
The Legacy of Club América
Club América boasts a rich history as Mexico’s most successful football club, clinching an impressive 14 championship titles. Their home ground, Estadio Azteca, with a seating capacity exceeding 80,000, has witnessed iconic moments in football history. For example, the stadium hosted the 1986 World Cup, where Diego Maradona famously scored his “Hand of God” goal against England.
The decision to make Club América and Estadio Azteca’s stocks available for trading independently is a strategic move. FIFA’s recent announcement that Estadio Azteca will host the inaugural match of the 2026 World Cup has sparked excitement among investors. Experts anticipate that this development could attract approximately $150 million in investments to enhance the facility.
The successful debut of Club América in the stock market represents a significant boost for Mexico’s financial landscape, which has been somewhat quiet in terms of new listings. Analysts believe that this move could potentially pave the way for a merger between Televisa and fellow broadcaster Megacable. While the initial trading frenzy has been characterized by euphoria, financial specialists caution that the true test lies in how the stock settles in the days ahead.
Club América’s foray into the stock market signals a new chapter in the intersection of sports and finance in Mexico. As the country’s premier football club and a symbol of national pride, Club América’s stock debut has captured the attention of investors and football enthusiasts alike. Only time will tell how this bold move will shape the future of both the club and the Mexican stock market.
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