December 5 – Mexico’s LigaMX golf equipment are set to vote on a $1.25 billion proposal to promote a stake of their industrial rights to non-public fairness big Apollo International Administration with deal additionally together with participation from the NFL.
Sportico experiences it has seen a letter despatched from Mexican FA (FMF) president Juan Carlos Rodríguez to membership homeowners through which he says the proposal could possibly be the “largest transformation undertaking” within the historical past of Mexican soccer.
The funding could be into the creation of a brand new firm – La Comercializadora – to carry and market all LigaMX’s broadcast and sponsorship rights, included the pooled rights of the golf equipment.
NFL participation would probably be via its funding enterprise NFL Enterprises which has grow to be more and more occupied with soccer and owns a stake in Leeds United, presently on track for a return to the Premier League.
The phrases of the deal haven’t been disclosed, however it isn’t the primary time that the proposal has been delivered to LigaMX golf equipment. In 2022 Apollo made the same proposal, then in search of 20% of the earnings from LigaMX’s non-Mexican media rights over the following 50 years.
LigaMX golf equipment maintain the rights to their very own industrial partnerships exterior Mexico, together with broadcast. That enables the larger golf equipment like Chivas and Membership America to promote into the US market which has greater than 36 million individuals of Mexican descent.
The separation of economic rights into new entities which have personal fairness shareholding has seen Spain’s LaLiga elevate $2.4 billion from CVC who additionally acquired a 13% stake price €1.5 billion in LFPs newly created media rights enterprise firm in 2022.
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The post LigaMX golf equipment to vote on £1.25bn personal fairness stake in industrial rights from Apollo first appeared on Foot & Soccer.
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Author : footsoccer
Publish date : 2024-12-05 08:27:01
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