• Loading stock data...
Friday, September 12, 2025
Tuned In is Almost Sold Out! Limited Tickets Remain!

MLS Set to Announce San Diego Team with Reported $500M Expansion Fee

  • Major League Soccer is set to announce its 30th team, which will play in San Diego.
  • Club owners paid a reported $500 million expansion fee.
An exterior view of Snapdragon Stadium at night.
Spatms

Major League Soccer will smash its record for an expansion fee with the addition of a 30th team.

The league is set to announce San Diego as the home of its next franchise. Egyptian billionaire and U.K. Tory treasurer Mohamed Mansour is expected to pay $500 million to launch the club, according to the San Diego Tribune.

That figure will destroy the previous MLS record of $325 million set by Charlotte FC in 2019.

The Sycuan Tribe of the Kumeyaay Nation — who are believed to have a roughly 12,000-year history in the area — are also expected to be part of the ownership group.

Stockton Cargo's Alexis Brewah, right, fights for the ball with Oakland Soul's Shepherd during the inaugural USL W League game at the San Joaquin Delta College soccer field in Stockton on Saturday, May, 6, 2023.

NWSL Rival League to Launch in At Least 8 U.S. Markets

The USL Super League announced eight geographic markets for its inaugural season.
May 16, 2023

The team will begin play in 2025 and share the 35,000-capacity Snapdragon Stadium with the NWSL’s San Diego Wave. San Diego State’s Aztecs football team and the American Professional Rugby Union’s San Diego Legion will also play home games at the venue, which opened last year.

San Diego will be the fourth MLS team in California, joining the Los Angeles Galaxy, Los Angeles FC, and San Jose Earthquakes. The San Diego Loyal of the second-division USL Championship have played in the city since 2019 and count U.S. national team legend Landon Donovan as an executive.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Michelle Wu

Josh Kraft, Son of Patriots Owner, Leaves Boston Mayor Race After First-Round..

He challenged Mayor Wu over her support for White Stadium’s costly renovations.

UEFA Delays Overseas Matches Ruling As LaLiga Miami Game Looms

Barcelona-Villarreal is scheduled for late December at Hard Rock Stadium.

Dexter Fowler Wants to Change the Narrative on Athlete Ownership

The former MLB All-Star owns a stake in Premier League team Bournemouth.
[Subscription Customers Only] Jul 9, 2025; East Rutherford, New Jersey, USA; Real Madrid CF forward Kylian Mbappe (9) reacts after a semifinal match of the 2025 FIFA Club World Cup at MetLife Stadium.

CVC Builds Out Sports Division Amid Crowded PE Market

The firm’s sports portfolio is reportedly worth $13.6 billion.

Featured Today

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
September 10, 2025

ESPN’s ‘MNF’ Ratings Up 8% As NFL Surges to Strong Start

ESPN posts its second-best Week 1 “Monday Night Football” audience.
Sep 7, 2025; Orchard Park, New York, USA; Buffalo Bills fans react during the fourth quarter against the Baltimore Ravens at Highmark Stadium.
September 9, 2025

As Bills Ascend, Their Next Frontier Lies in Canada

Buffalo and the powerful Canadian entity MLSE come together in a new pact.
opinion
September 9, 2025

The Good, The Bad, and The Ugly from NFL’s Week 1 Broadcasts

Many viewers decried the addition of ads to “NFL RedZone.”
Sep 8, 2025; Philadelphia, Pennsylvania, USA; New York Mets outfielder Juan Soto (22) runs to first base during the first inning against the Philadelphia Phillies at Citizens Bank Park.

The $339 Million Mets Are in Jeopardy of Missing the Playoffs

The Mets’ wild-card lead is 1.5 games with 15 remaining in the regular season.
Mar 3, 2025; Miami, Florida, USA; Miami Heat guard Terry Rozier (2) warms up prior to the game against the Washington Wizards at Kaseya Center.
Sponsored

Hornets Cancel Sports Betting Night Vs. Heat Over Terry Rozier Tie-In

Terry Rozier is under federal investigation for point-shaving in a 2023 game when he was on the Hornets.
Sep 10, 2025; Uncasville, Connecticut, USA; Connecticut Sun forward Aaliyah Edwards (8) fights to keep the ball in-bounds during the second half against the Atlanta Dream at Mohegan Sun Arena.
September 12, 2025

Connecticut AG Demands Documents From WNBA About Sun Sale Process

The WNBA reportedly prefers to move the team to Houston.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
May 3, 2025; Denver, Colorado, USA; LA Clippers forward Kawhi Leonard (2) controls the ball in the first quarter against the Denver Nuggets during game seven of first round for the 2025 NBA Playoffs at Ball Arena.
September 11, 2025

Clippers Minority Owner Allegedly Invested in Aspiration to Pay Kawhi

Minority investor Dennis Wong allegedly invested in Aspiration as well.
Sep 10, 2025; Bronx, New York, USA; A general view of the main scoreboard at Yankee Stadium during a moment of silence for Charlie Kirk before the game between the New York Yankees and the Detroit Tigers.
September 11, 2025

Yankees Prepare for Security Chaos With Trump at 9/11 Game, Days After..

The team told fans to arrive three hours early without any bags.
September 9, 2025

Clippers, Kawhi Leonard Draw New Scrutiny As More Details Emerge

The NBA has commenced an investigation.
September 8, 2025

Bears, Without State Funding, Officially Pivot Stadium to Suburbs

The NFL team formally abandons its plans for a downtown stadium.