Milei targets Argentina"s soccer clubs for privatization plans

Mariano Dalesio, a member of River Plate, reflects the deep connection many Argentines have with their soccer clubs. President Milei is advocating for the privatization of these clubs to attract private investment, viewing them as a potential revenue source amid Argentina's economic crisis. This initiative has garnered interest from investors like Foster Gillett, who has met with local clubs. However, there are concerns that profit-driven ownership could undermine the clubs' social missions, which often include community engagement and youth programs. The push for privatization has sparked a debate among fans and experts. While some, including retired player Sergio Agüero, see potential benefits in private ownership, many argue that the focus should be on better management rather than changing the ownership model. The historical significance of these clubs, which have been community pillars since soccer's introduction in the 19th century, complicates the discussion. In cities like Rosario, some members of Newell's Old Boys support the transition to a for-profit model, reflecting a divide in opinion among fans. However, experts caution that simply injecting capital into clubs won't resolve deeper issues related to Argentina's economy, which has led to a talent drain as players seek opportunities abroad. Ultimately, the future of Argentine soccer clubs hangs in the balance as the government navigates legal challenges and public sentiment. The outcome will likely shape the landscape of soccer in Argentina, influencing both the sport's cultural significance and its financial viability.