Low attendance hits the profits of América and Azteca: they fall 66.5%

This result was driven by lower income at a consolidated level, reporting 1,555 million pesos compared to 1,923 million pesos, meaning a decrease of 19.1% due to the fact that the soccer segment did not have a positive performance in the last three months.

Club América, together with the Azteca Stadium, reported sales of 633.3 million pesos compared to 1,033 million pesos in the second quarter of this year.

In recent months, Mexican soccer has gone through a complex moment because fans have decided not to regularly attend Liga MX matches and even the Mexican National Team itself because they consider that the teams’ competitiveness has decreased. for the policies that the Mexican league has taken. The position of users has begun to be reflected in the finances of companies.

For Ollamani, this segment, which includes the promotion of sports shows and special events in Mexico, represents more than 40% of its consolidated income.

However, the gaming segment, which includes 16 establishments in Mexico under the Play City brand, amortized the fall in Ollamani’s consolidated income, reporting an increase of 4.2%, registering 786.6 million pesos, compared to 737 million pesos. of the second quarter of this year.

While the Publishing vertical obtained a slight growth of 0.6% in its sales, obtaining 153.5 million pesos in the third quarter, compared to 152.5 million pesos in the previous period.

Despite the drop in revenue in soccer, the company has increased investment in this vertical by injecting 123.5 million pesos compared to 76.6 million pesos, as part of the company’s commitment to prepare Azteca for the Soccer World Cup. 2026.

The papers of Ollamani, who controls Club América and its Azteca stadium, among other businesses of the magnate, have had a setback this day in response to the license requested by Emilio Azcárraga for the investigation in the United States related to FIFA.