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Wednesday, December 4, 2024

D.C. United Reportedly Selling Minority Stake at $800M Valuation

  • D.C. United is reportedly closing in on a stake sale to several new investors.
  • The deal is thought to be an MLS valuation record for a club selling a minority stake.
DC-United
Geoff Burke-USA TODAY Sports

D.C. United might hold Major League Soccer’s worst record this season, but it’s reportedly on the verge of securing a landmark investment.

The club is close to landing an $800 million valuation through a minority stake sale to several new investors, according to a report, which is thought to be an MLS record for a club selling a minority stake. The highest-valued MLS team is Los Angeles FC at a reported $860 million.

  • D.C. United’s valuation includes $150 million in debt.
  • The investment covers up to 5% of the team.
  • The investors’ identities participating in the round is reportedly unknown.

Last year, D.C. United inked a $710 million valuation following an investment from New Orleans Saints running back Mark Ingram II

A few months later, the club announced another round from investors including rapper Yo Gotti and Swansea City AFC owner Jake Silverstein, who also recently purchased a stake in the Brisbane Bullets.

D.C. United Holdings paid Anschutz Entertainment Group $33 million for the team in 2007.

Soccer Sportsbook

The investment comes just months after FanDuel’s retail sportsbook at D.C. United’s Audi Field began taking wagers — the first of its kind at an MLS stadium. The venue, also home to the NWSL’s Washington Spirit, does not offer mobile betting.

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