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Impulsora del Deportivo Necaxa S.A. de C.V. (pronounced: [ne.ˈkak.sa]); often simply known as Club Necaxa, is a Mexican football club in Liga MX based in the city of Aguascalientes. It plays in the Estadio Victoria. Necaxa is a non membership-based club, with more than 35,000 members outside Mexico.

Necaxa was founded on 21 August 1923. It began when Englishman William H. Frasser, an engineer and owner of the Light and Power Company (Compañía de Luz y Fuerza ) in the state of Puebla, founded a football team. Frasser, as a student was a football player in the United Kingdom and was a strong advocate for the sport. Frasser consolidated the teams of the Light and Power Company and the Street Car operators Compañia de Luz y Fuerza and Tranvías into one.

Frasser supported the newly merged team with company revenue and funds. In addition, the Light and Power Company offered steady employment to players in an era where half of the players were playing at an amateur level. However, the Mexican football federation did not allow teams to be named after private companies, so the team changed its name to Necaxa, after the Necaxa River that was close to the electrical plant.

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