Innovatio Capital Acquires Querétaro FC
Innovatio Capital has made history by taking over Querétaro FC, marking it as the first Liga MX club with a majority ownership held by a U.S. firm. The acquisition was officially completed on Friday, as Marc Spiegel, the firm’s chairman, finalized the purchase from previous owner Jorge Alberto Hank. This move positions Innovatio Capital, a firm specializing in sports and data investments, as a pioneering force within Mexican football.
Strategic Vision and Enthusiasm
Having consistently sought growth opportunities in undervalued sectors, Innovatio Capital sees Liga MX as a prime investment arena. Spiegel expressed enthusiasm over the acquisition, stating,
“I could not be happier. We’ve been eyeing Liga MX for quite some time, and after our visit to Querétaro to explore the city and the club, we recognized this as an ideal fit for our vision.”
Significance of the Acquisition
This acquisition, notably occurring during the club’s 75th anniversary week, adds to its significance for the new owners. Fans can anticipate their new leadership debut at La Corregidora in the upcoming home game against Pumas on July 25, following their first match of the season against Club Tijuana and a subsequent away game against Necaxa.
Growing Interest in Liga MX
The interest in Liga MX is reportedly on the rise, accelerated by the impending centralization of media rights and significant investments from private equity firms. Apollo Global Management is currently in advanced discussions to inject over $1 billion into the league, underscoring the growing financial appeal. In addition to Querétaro’s groundbreaking ownership, Hollywood personalities, including Ryan Reynolds and Rob McElhenney, have also invested in Liga MX, with stakes in teams like Necaxa.
Leadership Team
Accompanying Spiegel in this venture are Chris Spooner, serving as Chief Financial Officer, and Ed Malyon, who will implement data-driven strategies within the club’s operations. Interestingly, Spiegel had previously attempted to acquire the English Championship’s Charlton Athletic, showcasing his commitment to enhancing his portfolio within the sports industry.
