The company, controlled by Carlos Slim, is dealing with the effects of a sector reform at home designed to curb its dominance, which prompted a price war after AT&T entered the market
The measure aims to foster competition in the retail gasoline market, which is currently in the hands of state oil company Pemex.
América Móvil said first-quarter profit fell more than 40 percent from a year ago, as mobile competition from AT&T Inc intensified in Mexico.
From 2018, Sierra will be able to refine crude oil and sell gasoline at market prices, putting it in direct competition with state-run Pemex.
The soccer club has a lot of competition with Roma, Galatasaray, Besiktas and Wolfsburg.