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