The top-tier American football league in Mexico, Liga de Fútbol Americano (LFA), has received a US$100 million in combined investment led by Global Sports Capital Partners (GSCP).
GCSP plans to help the LFA expand with more teams and will facilitate further investment in the league. It claims it has already received strong interest from prominent Mexican business leaders and family offices, as well as from additional current and former NFL players, in investing in the LFA and its teams.
One LFA outfit in OSOS Monterrey was taken over earlier this year by a consortium led by former National Football League (NFL) All-Pro center Ryan Kalil and six-time National Basketball Association (NBA) All-Star Blake Griffin.
GCSP was launched earlier this year by Michael MacDougall, a former senior partner at private equity firm TPG. The fund’s backers include several Mexican business leaders and Tony Vinciquerra, the former chief executive of Sony Pictures Entertainment and Fox Networks Group.
Now it will invest in the LFA, which was founded in 2016 and takes place during the spring. The NFL plans to stage a regular season game in Mexico next year, which would be the country’s sixth fixture. Mexico is the largest market for the NFL outside of the US, with the league said to have 40 million fans there.
Source: SportsPro
