Brazilian soccer could very well soon have another corporate club.
After Bragantino, Botafogo, and Cruzeiro, it is now the turn of Atletico MG, the reigning Brazilian champion, whose shares are to be sold to an American investment fund.
According to "Rádio Itatiaia", Atletico MG has forwarded the sale of 51% of its shares to an American fund.
The investor, who is still unknown to fans of the Belo Horizonte club, will pay around R$850 million (US$165 million), 10% to 15% for sponsors, and the remainder will remain with the association of Galo.
According to the source, the . . .
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