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.