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Rodriguez quits Liga MX after clubs refuse to back $1.25bn Apollo deal

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December 16 – Juan Carlos Rodríguez, the president of Liga MX and the Mexican Football Federation (FMF), resigned on Friday during a meeting of Liga MX club owners who disagreed with his proposed investment strategy for the league.

Team owners rejected a proposed $1.25 billion investment from Apollo Global Management that would have seen the league’s clubs pool broadcast and certain commercial rights. Mexican clubs sell their own broadcast and commercial rights independently.

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The post Rodriguez quits Liga MX after clubs refuse to back $1.25bn Apollo deal appeared first on Inside World Football.