Colombians Buy Boca Juniors Franchise

Patrick Archer arts & entertainment, foreign investment, franchises, tourism

A group of Colombian businessmen have purchased the master franchise to bring Argentina’s legendary Boca Juniors brand to Colombian soil. Portafolio.co, which values the deal at 800 million Colombian pesos, says the new franchisee will be able to operate Boca Juniors-branded soccer schools in Colombia as well as pursue other sources of revenue tied to Azul y Oro licensing. In …