United Soccer League Gets Investment From Ex-Carlyle CEO Lee.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall; Hellier, David 3 of 3

Abstract

The article discusses a strategic investment in the United Soccer League (USL) by BellTower Partners, a firm founded by Kewsong Lee, the former CEO of Carlyle Group. The USL, which oversees lower-division leagues in the U.S., plans to launch a men's Division I league to compete directly with Major League Soccer (MLS). Lee will join the USL board as vice chair, emphasizing the demand for community-focused clubs and the potential for growth in the league's men's and women's pathways. The USL is also introducing a promotion and relegation system, a structure not commonly used in U.S. sports, aiming to enhance competition and attract more investors. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:188177053
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