D.C. United - Ownership

Ownership

Billionaire investor George Soros was the primary financial backer and director of Washington Soccer L.P., the group that owned the operating rights to D.C. United when the league was founded in 1995. Kevin Payne, former President of Soccer USA Partners and current CEO of D.C. United, was instrumental in organizing this ownership group. By 1998 the group was looking for new investors, and on February 15, 2001, it agreed to sell the team to Anschutz Entertainment Group (AEG), founded by Colorado billionaire Philip Anschutz, with AEG exercising its option to become the sole investor-operator on January 8, 2002. AEG, who also own Major League Soccer's Los Angeles Galaxy and Houston Dynamo, ran the team until 2007. In May 2007, United entered into an initial one-year strategic partnership with Brazilian club Atlético Mineiro. The goal of the partnership is to enhance the sporting and commercial success of the respective clubs by sharing expertise and experience as well as creating new opportunities for the clubs in both areas.

On January 8, 2007, the operating rights to D.C. United were sold to D.C. United Holdings, a newly-formed group venture that included real estate developer Victor MacFarlane, founder of MacFarlane Partners, and William H.C. Chang, chairman of Westlake International Group. Other investors included D.C. United president Kevin Payne and Blue Devil Development, headed by former Duke basketball players Brian Davis and Christian Laettner. In April 2009, Victor MacFarlane sold his share of the team to his partner William Chang after two stadium proposals had fallen through. In October 2009, Chang also bought out Davis and Laettner to fully control the team. Chang is also one of the primary investors of Major League Baseball's San Francisco Giants. In July 2012 Erick Thohir and Jason Levien, minority owners of the Philadelphia 76ers National Basketball Association franchise, would join Chang as partners. Thohir and Levin stated their primary goals are to make United a global brand and get a soccer-specific stadium for the club.

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