Mexican Soccer Team Sells For More Than $120 Million To American-Led Group

Querétaro is the first of four clubs expected to change hands ahead of a private equity investment that would transform Liga MX—and could narrow the valuation gap with MLS.

On Thursday, a group led by Marc Spiegel, founder and managing member of Atlanta-based investment firm Innovatio Capital, closed its purchase of Querétaro from Jorgealberto Hank Inzunza of Grupo Caliente, Mexico’s largest sports betting company. The deal values the club at more than $120 million, a person with knowledge of the terms tells Forbes.

Futbol, Sports Team Ownership, Global SportRyan CroftSeptember 30, 2025Querétaro F.C., Marc Spiegel, LigaMX, TeamworksComment

Apollo Announces Launch of Apollo Sports Capital

NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the launch of Apollo Sports Capital (ASC), a new investment business providing capital solutions across the global sports and live events ecosystem. Al Tylis, a seasoned sports investor and executive has been named Chief Executive Officer of ASC. Apollo Partners Rob Givone and Lee Solomon have been named co-portfolio managers of the platform. Sam Porter has been named Chief Strategy Officer for ASC.

ASC will invest predominantly in credit and hybrid opportunities in the sports landscape, spanning franchises, leagues, venues, media, events and more. The permanent capital holding company is designed to be a stable, long-term partner to the sector, providing patient capital and adding strategic value.

Co-President of Apollo Asset Management John Zito said, “With Apollo Sports Capital, we’ve set out to build the preeminent investment company in the growing world of sports. Our aim is to create durable, long-term value not only for investors but also for fans, teams and communities.”

Futbol, Global Sport, Teamworks, Sports Team Ownership, Venture CapitalRyan CroftSeptember 30, 2025Apollo Capital, Apollo Sports Capital, Teamworks, Global Sport, LigaMXComment