JOURNAL ARTICLE

Billionaire Marcelo Claure Buys 10% Stake in NYC Soccer Group.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Del Valle, Magdalena 3 of 3

Abstract

Billionaire Marcelo Claure has purchased a 10% stake in the owner of New York City FC and their future stadium in Queens, marking his return to Major League Soccer. The deal values the New York club's holding company at around $1.5 billion, with City Football Group owning 80% and Yankee Global Enterprises holding 10%. Claure, a Bolivian-American entrepreneur, expressed his excitement to join New York City FC and believes that MLS has great potential with upcoming events like the Club World Cup in 2025 and the World Cup in 2026. He is also the president of Bolivia's largest professional soccer team and co-owns Spanish soccer club Girona FC. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/09, pN.PAG
  • Document Type:Article
  • Subject Area:Social Sciences and Humanities
  • Publication Date:2024
  • Accession Number:179689669
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