According to several reports, Atleti will invest like $4 million and will own about 50% of the shares of Atlético San Luis. It will be great for San Luis and their fans who have yearn for quite some time the lack of first team football, or even football at all since they were not able to register to play in Liga de Ascenso since last year. This could also be the keystone for other top European clubs to set their eyes in México and settle more investments there. "Atletico Madrid have made a strong push for some time to expand internationally, studying the most interesting markets and taking in part in them through international franchises such as Atletico de Kolkata in India or Racing Lens in France," the statement said. "Within these markets the club sees Mexico as very important, so they have been working for some time on the objective of entering it through the Atletico San Luis franchise. A delegation of this club's leaders, the Payan family, came to Madrid for the Champions League game against Bayer Leverkusen. "During this visit an agreement was achieved for Atletico Madrid to become a shareholder of this sporting company, with a licence to compete in the Mexican second division. All the investments made in this project will have a private character. "The agreement formalised this week depends upon the fulfillment of steps relating primarily with the processing of a license by the Mexican Federation, and the attainment of an agreement of the shareholders and the use of the stadium." Atletico confirm everything done their end for investment in Liga MX club, details of deal to remain private: https://t.co/plORTNVoQG— Dermot Corrigan (@dermotmcorrigan) March 17, 2017 Hoy la familia atlética se hace más grande. Es un honor participar en el proyecto del Atlético San Luis en México: https://t.co/MAWKHWCEsI— Atlético de Madrid (@Atleti) March 16, 2017