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Carlos Slim no longer majority shareholder of Pachuca Group

Mexico City, Mexico — After five years, America Movil which is owned by Mexican billionaire Carlos Slim, is no longer a shareholder of the Pachuca Group.

Through a joint statement it was reported that Grupo Pachuca has regained total ownership of both sets, however it was clarified that the “strategic alliance with América Móvil continues transmitting the content generated by the teams in this alliance include the Miners of Zacatecas”.

América Móvil owned 30 percent of the shares of both clubs. With Slim as a partner, the clubs of Grupo Pachuca, presided over by Jesús Martínez, had several sporting achievements including the Leon’s return to the Primera División and his subsequent bicampeonato – attempt 2013 and the Clausura 2014 – as well as a title with “Los Tuzos “of Pachuca in the Clausura 2016 and the Champions League of the CONCACAF 2016-17.

Both teams disputed a title of the Slim-Martinez union which also resulted in the promotion of the second division Tlaxcala to Primera A. However, nothing was mentioned about the other clubs that the Pachuca Group acquired internationally, which are the Everton of Chile and Talleres de Cordoba in the division of promotion of Argentina.

The Mexican magnate still remains the majority shareholder in the Spanish club Oviedo, which was acquired in 2012.

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