Official foundation

Official foundation In 1947 Villegas Alberto Lopera, a former president of the League soccer Antioquia, leads the foundation of a business partnership designed to stimulate and develop sports as football and professional basketball in Antioquia. The company began operations with 50 thousand dollars contributed by 500 members in shares of 100 dollars each, payable in a prime spot of 20 pesos at the time of joining the company and the remaining 80 up to 12 monthly installments. Thus, Friday, March 7, 1947, consolidated the birth of the new institution under the name Club Atl tico Municipal de Medell n. The public of the new society was held on 30 April 1947 in Medellin would notice first.