In an unprecedented measure that marks a historic milestone for Mexican soccer, Club América will enter the Mexican Stock Exchange. Once under the Televisa umbrella, the United States will now be under new ownership. Ollamani will be the company that will own the club. A newly established entity resulting from a strategic split of the Televisa Group. This venture symbolizes a significant change in the financial landscape of sports teams in Mexico. It also paves the way for fans and investors alike to directly participate in the financial future of one of the country's most popular football clubs. As Club América prepares for its stock market debut this Tuesday, February 20, interested parties are watching closely. They anticipate the impact this will have on the club's operations, fan engagement and overall growth strategy in the competitive world of football.
Club América makes history by going public on the stock market
Grupo Televisa Separation and Ollamani Emergence
To understand the implications of Club America going public on the stock market, we must first understand the why and how of it all. At the end of 2022, Grupo Televisa announced that it would separate and subsidize its different business models. This meant that his sports business would enter its own branch. Subsequently, Televisa announced on February 12, 2024 the creation of the spin-off company Ollamani. Detailing the share division process for those who already had shares in Grupo Televisa. Ollamani would now have ownership of both Club América and Estadio Azteca instead of Televisa. After obtaining approval to enter the Mexican Stock Exchange, it was announced that Ollamani would list his shares under “AGUILAS.CPO” for the public to invest. The new action received a release date of Tuesday, February 20, 2023. .
🦅📈 STOCK EXCHANGE 📈🦅@America club It will officially go public on the Mexican Stock Exchange on February 20 📆 The shares will be available for purchase under the name “AGUILAS.CPOs” 🦅💰
🗞️ [@YahooFinance] #AguilasEsp 🦅 #LigaMxEsp pic.twitter.com/OxFED5vDgT
— The Eagle Eye Podcast (@EagleEyePodcast) January 27, 2024
Financial Perspective: Analyzing the Numbers
In anticipation of February 20, fans can rest easy knowing that the right support has been provided to make this happen. At the time of listing the share capital of Club América will be 376,843,302 Mexican pesos ($22,098,876.19 dollars). What does this number mean? Well, this financial basis is fundamental and reflects the valuation of the club at the time of its public debut. It gives investors and fans an idea of the club's financial health and growth potential.
It is still a mystery what the price of AGUILAS.CPO shares will be. As well as whether this stock will provide a dividend to investors. However, one thing is clear and that is that there will be plenty of stock available. Reports indicate that there are more than 340,000 shares available on the day of listing.
The implications for Club América
So what exactly does all this mean for the reigning Liga MX champion? As far as operations are concerned, it will be business as usual. This listing will be an additional source of income for Club América. However, the club will continue to rely on its usual sources of income, namely ticket sales, merchandise and sponsors. Now that América is part of Ollamani, SAB, the days of being under the specific umbrella of Televisa are over. This listing also provides Club América with new investment opportunities and financial resources. Something that could potentially impact its operations, growth and development in the sports and entertainment industry. While this may be the first time that a Mexican soccer team has gone public on the market, it is not something that has not been done in other parts of the world. Clubs such as Manchester United, Juventus and Borussia Dortmund have gone public.
What fans need to know
In addition to saving the date on February 20, fans should understand a couple of things. To begin with, it is important to keep in mind that buying AGUILAS.CPO does not mean that you are investing solely in Club América. It will also invest in the Aztecas Stadium, since both entities are under the equity umbrella. Secondly, this stock will only be available in Mexico. This means you'll need to do some research on how to buy those stocks in the United States. Lastly, this is a perfect opportunity for fans to not only own a piece of the club, but also a chance to potentially be part of the club's growth. As well as possibly sharing in the team's financial successes.
Read more: Analysis: Comeback victory for Club América vs Real Estelí
Last word
Club América's foray into the Mexican Stock Exchange is a historic moment. Symbolizing a new era of financial commitment for fans and the sporting community at large. This move not only opens up new sources of income for the club, but also allows fans to play a more active role in the future of the club. As Club América embarks on this journey, the fusion of sporting passion with financial investment heralds an exciting chapter, potentially setting a precedent for sports teams around the world.
Photo credit: Kirby Lee-USA TODAY Sports, from a headshot at Estadio Azteca, April 29, 2023.
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