In its 75-year history, #QuerétaroFC has never won a title in the top division of Mexican #soccer, finishing 12th among the 18 teams in Liga MX this year. But six weeks after the conclusion of the season, the club, based in Querétaro, about three hours northwest of Mexico City, has scored a major victory. On Thursday, a group led by Marc Spiegel, founder and managing member of Atlanta-based investment firm Innovatio Capital, closed its purchase of #Querétaro from Jorge Alberto Hank of Grupo Caliente, #Mexico’s largest sports betting company. The deal values the club at more than $120 million, a person with knowledge of the terms tells Forbes. Learn more about the sale at the link in our bio. (Photo: Agustin Cuevas via Getty Images)