Mexican Football Giants Offer Stake in Team as an NFT

We reported recently that several high-profile football (soccer) teams had branched into the world of NFTs. Now one Mexican club aims to take it a step further.

Mexican Liga MX contenders, “Necaxa,” are auctioning off not just trading cards, or tickets to games, but a 1% stake in their footballing empire. The NFT represents permanent ownership of 1% of the club. The stake is currently owned by “Al Tylis Group”, who bought a 50% share in the club just last week.

The winner of the auction will experience “most” of the perks that come with owning a share in the footballing giant. As such, they are eligible for a proportion of revenue and are entitled to free tickets to games. But ultimately, they will have no say in how the club is run. They will however, join fellow investors Kate Upton and Mezuit Ozil in owning a part of the team.

The exclusive NFT is listed on the OpenSea marketplace with a reserve price of $1.3 million. Despite it being unclear whether or not the sale contravenes the rules of the Mexican Footballing Federation, the sale is still going ahead.

As founding members, Necaxa have a long history in Liga MX, last winning the competition in 1996. They are currently languishing at the bottom of the league however. And, having lost 4 of their last 5 games, it sounds like they need all the help they can get.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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