Why are Diablos Rojos going to the Mexican Stock Exchange?

For two years the owner of the Red Devils, Alfredo Harp Helú, was thinking of taking the baseball team into the stock market.
Alfredo Harp Helú I had the plan for “two or three years.” The owner of the Red Devils of Mexico is about to join the baseball team Mexican Stock Exchangeafter starting procedures for weeks and on November 26 receiving notification from the stock market of the application being processed.
“I have been thinking about it for two or three years, but it was the right time to do it. We believe there are too many followers of Red Devils“I hope that symbolically and effectively they can become partners,” he acknowledged. Alfredo Harpowner of the scarlet novena after receiving the National Sports Award in the category of promotion, protection and promotion of the practice of sports.
The company name under which the Red Devils appeared on the list of companies that have made requests or procedures to reach the Stock Marketon November 26, and one day before the team itself announced it on its social networks.
The plan is to launch 624,255 shares, which will be 100 percent of the company’s voting shares, although “most likely it will be without a public offer,” consulted sources shared.
“We are just in the process, the news has already spread. I was always a believer in Mexican Stock Exchange“I want more people to be able to come,” said the owner of the Red Devils.
If all the procedures are carried out successfully, the Red Devils will enter the Mexican Stock Exchange in the coming weeks, with the name of “RED DEVILS OF MEXICO, SAPIB DE CV.”, although on the board they will appear as “heck”, just in the year that the scarlet eleven was crowned champion.
The figure that the baseball team is looking for in the stock market is that of the Stock Investment Promotion Company (SAPIB), which allows medium-sized companies to obtain resources from investors.
“It has been an extraordinary year for Red Devils“, both for baseball, we are also in the basketball final in our first year, we are happy, I do like to win and if we win it is better, supporting the sport in every way,” he added. Alfredo Harp.