The historic Mexican club faces relegation for the first time in 108 years, and its owner may end up selling to local entrepreneurs.

One of Mexico's most beloved sides may change owners in the middle of their fight to remain playing in their country's top-flight. Sources indicate owner Jorge Vergara would be willing to sell Chivas Guadalajara, making most of their fans happy with the decision since they feel Vergara is responsible for the team's current predicament.

Guadalajara are currently ranked last in the relegation standings, a system that adds up the results of the last three years, dividing the points between the games played. Right now Chivas have the same coefficient as Puebla, but their goal differential would send the historic club to play in the Ascenso MX. 

Rumors started this week with a press release by the team, which stated some shareholders would be selling their part to the best suitor. Vergara went ahead and dismissed those claims, but apparently there would already be an offer to buy the club made by former Tecos' owners, the Leaño family. 

The Leaños would be willing to spend 800 million dollars to buy Chivas, including the recently created Omnilife Stadium. Negotiations started back in November, and apparently the gap between what Vergara is asking to sell the team and the amount offered by the buyers has been closing as days go by. 

Jorge Vergara bought Chivas back in 2002 from a board of owners, and established himself as one of the most controversial characters in Mexican football. Under his helm, Guadalajara won the Apertura 2006 tournament and made historic runs in Copa Libertadores, but Vergara's moves regarding the team have led them to face their biggest crisis ever. Those moves include sacking coaches just days after being signed and a collection of Sports VP's that have not met the standards to be in a club with such media attention.