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Atlético La Paz Owners Acquire Portugal’s GD Chaves, Name Dante Elizalde Club President

The buyers cast the stake as a platform for Mexican player development with promotion to the Primeira Liga as the target.

Overview

  • Atlético La Paz, through GLS Promotoría del Deporte, confirmed the purchase of Portuguese side GD Chaves, which currently plays in the Segunda Liga.
  • The transaction is reported as an 80% stake, positioning the Mexican group as the club’s majority owner.
  • Dante Elizalde, formerly a senior executive at Santos Laguna, has been installed as president of GD Chaves.
  • The ownership frames the move as the first by a Mexican group to acquire a professional club in Portugal and as part of a broader international expansion model.
  • Founded in 1949 and relegated from the Primeira Liga in 2023–24, Chaves is targeted for a return to the top flight while serving as a pathway for talent to Europe.