Club América set a precedent in Mexican soccer by becoming the first club to be listed on the Mexican Stock Exchange, however, this situation opened a sea of doubts about the benefits they could bring to the institution in the sporting and For this reason, the portal Monumental Eagles had a talk with Santiago Rincon Gallardowho is the director of Bursanetdigital brokerage house Actinver to explain in a detailed and simple way the benefits for the club with this action.
“You have to start at the beginning. I would say that you have to divide it into three concepts: what happened on Tuesday, what it means to become a member of a football club and how can I become a member of a football club. There are few clubs in the world that are public, this means that they are listed on the market and means that any physical or legal person can become a partner in a company, in this case a soccer club.”
– Santiago Rincón.
So, what benefit does this bring to the azulcrema team? “At the moment when these shares are sold, thanks to the partners and investors, the monetary income for the Eagles grows, which will allow them a greater amount of resources for what the board determines, whether in the purchase of reinforcements, improvements in the facilities or what they have as a necessity”, explained the editorial staff of Monumental Eagles.
Broadly speaking, this means that both the club and other Grupo Televisa businesses, the Azteca Stadium, casinos and publishing products, were concentrated in a company called Ollamani. Therefore, like any company, the more profits there are, the greater the economic benefits that will be available to the azulcrema board and can be used for whatever they prefer.
“The club as such is going to benefit greatly from this movement of making Ollamani public. Of the information that exists in the market, there is the Transfermarkt page specialized in player transfers and indicates that the 25 players from America are worth more or less 100 million dollars. By becoming public, the shares that yesterday were worth 11.50 and today are worth 31 pesos, means that, if the Televisa Group sells a little of those shares, it has much more money to buy players and invest in the club. I think it is a very wise move because you increase the market value of the company that includes Club América and that gives you many more bullets to do things, be it buying players, renewing the club, giving yourself more space in the broadcast rights. There are many benefits of making your company worth more,” said the director of Bursanet.
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In accordance with Santiago Rinconthese movements seek to generate new economic resources with the participation of individuals, groups of investors with pension and investment funds to acquire shares, and then hope that this money will generate profits in the future depending on the success of the company.
“Public companies that are listed on the stock markets do so to raise resources from the general investing public, that is, individuals like any of us, from pension funds, investment funds, etc. What they do is sell shares, sell participation in the company. When I buy a share, I am a partner, so to speak, of the company, in this case of Ollamani, of Club América, of the Azteca Stadium and I become a participant in the company, of what I win or what I may lose,” he explained. .
Finally, Santiago He stated that there will be transparency in all operations in America because now he will have the obligation to report all his movements.
“The great benefit is that, by separating the offer, you can obtain a better valuation; people who want to invest only in these businesses can do so in a transparent manner. The other very big benefit is transparency, being a public company you have to report everything you are doing, how you earn money, how you spend it and how much you are going to give to your partners. “That is a great benefit for all the club's investors from now on,” he concluded.
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