“Tan Sells Halve His Shares In Los Angeles FC”

Tan sells halve his shares in Los Angeles FC for around $70 million USD according to Inside World Football. Tan is also looking to sell the other halve shortly.




Inside World Football


Cardiff owner Tan sells LAFC stake valuing MLS club at $700m

3rd March 2020

March 3 – Malaysian Vincent Tan, owner of Cardiff, has reportedly sold half his stake in Major League Soccer’s (MLS) Los Angeles FC (LAFC), valuing the club at a league high $700 million.

LAFC, who only debuted in the MLS in 2018, opened their 2020 campaign against David Beckham’s MLS debutants Inter Miami with a 1-0 win at the weekend.

On the $700 million valuation Tan – who sold his shares internally to other LAFC owner – would have received about $70 million for the first tranche. The ownership group is understood to be in the process of buying the rest of Tan’s shares.

LAFC has rapidly become a major success story, playing in the Banc of California Stadium, one of the most fashionable and stylised venues anywhere in world football, and having put down roots in a city where the now defunct Chivas MLS franchise failed to gain traction.

The team’s large ownership group mixes business executives, athletes, celebrities and money managers but is essentially controlled by a trio of owners –Apollo Global Management senior partner Larry Berg, Ares Management co-founder Bennett Rosenthal, and Brandon Beck, co-founder of Riot Games. Minority owners include Golden State Warriors co-owner Peter Guber; actor Will Ferrell; Magic Johnson; and former U.S. soccer star Mia Hamm.

Tan’s exit reflects what looks to be a scaling back of his financial commitment to football clubs around the world.

He reduced his controlling stake in Bosnian champions FK Sarajevo last year, but remains a major shareholder of Belgian club KV Kortrijk.

Financial uncertainly surrounds his Cardiff ownership following the relegation of the club from the Premier League last season and the unresolved financial transaction around the £17 million acquisition of Emiliano Sala who tragically died in an air crash before he could play for the club.

Contact the writer of this story at moc.llabtoofdlrowedisni@noslohcin.luap

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Tan sells halve his shares in Los Angeles FC for around $70 million USD according to Inside World Football. Tan is also looking to sell the other halve shortly.




Inside World Football


Cardiff owner Tan sells LAFC stake valuing MLS club at $700m

3rd March 2020

March 3 – Malaysian Vincent Tan, owner of Cardiff, has reportedly sold half his stake in Major League Soccer’s (MLS) Los Angeles FC (LAFC), valuing the club at a league high $700 million.

LAFC, who only debuted in the MLS in 2018, opened their 2020 campaign against David Beckham’s MLS debutants Inter Miami with a 1-0 win at the weekend.

On the $700 million valuation Tan – who sold his shares internally to other LAFC owner – would have received about $70 million for the first tranche. The ownership group is understood to be in the process of buying the rest of Tan’s shares.

LAFC has rapidly become a major success story, playing in the Banc of California Stadium, one of the most fashionable and stylised venues anywhere in world football, and having put down roots in a city where the now defunct Chivas MLS franchise failed to gain traction.

The team’s large ownership group mixes business executives, athletes, celebrities and money managers but is essentially controlled by a trio of owners –Apollo Global Management senior partner Larry Berg, Ares Management co-founder Bennett Rosenthal, and Brandon Beck, co-founder of Riot Games. Minority owners include Golden State Warriors co-owner Peter Guber; actor Will Ferrell; Magic Johnson; and former U.S. soccer star Mia Hamm.

Tan’s exit reflects what looks to be a scaling back of his financial commitment to football clubs around the world.

He reduced his controlling stake in Bosnian champions FK Sarajevo last year, but remains a major shareholder of Belgian club KV Kortrijk.

Financial uncertainly surrounds his Cardiff ownership following the relegation of the club from the Premier League last season and the unresolved financial transaction around the £17 million acquisition of Emiliano Sala who tragically died in an air crash before he could play for the club.

Contact the writer of this story at moc.llabtoofdlrowedisni@noslohcin.luap

Must of made a massive profit ,700m the club is valued at only 2 years old wonder how much he invested

Tan sells halve his shares in Los Angeles FC for around $70 million USD according to Inside World Football. Tan is also looking to sell the other halve shortly.




Inside World Football


Cardiff owner Tan sells LAFC stake valuing MLS club at $700m

3rd March 2020

March 3 – Malaysian Vincent Tan, owner of Cardiff, has reportedly sold half his stake in Major League Soccer’s (MLS) Los Angeles FC (LAFC), valuing the club at a league high $700 million.

LAFC, who only debuted in the MLS in 2018, opened their 2020 campaign against David Beckham’s MLS debutants Inter Miami with a 1-0 win at the weekend.

On the $700 million valuation Tan – who sold his shares internally to other LAFC owner – would have received about $70 million for the first tranche. The ownership group is understood to be in the process of buying the rest of Tan’s shares.

LAFC has rapidly become a major success story, playing in the Banc of California Stadium, one of the most fashionable and stylised venues anywhere in world football, and having put down roots in a city where the now defunct Chivas MLS franchise failed to gain traction.

The team’s large ownership group mixes business executives, athletes, celebrities and money managers but is essentially controlled by a trio of owners –Apollo Global Management senior partner Larry Berg, Ares Management co-founder Bennett Rosenthal, and Brandon Beck, co-founder of Riot Games. Minority owners include Golden State Warriors co-owner Peter Guber; actor Will Ferrell; Magic Johnson; and former U.S. soccer star Mia Hamm.

Tan’s exit reflects what looks to be a scaling back of his financial commitment to football clubs around the world.

He reduced his controlling stake in Bosnian champions FK Sarajevo last year, but remains a major shareholder of Belgian club KV Kortrijk.

Financial uncertainly surrounds his Cardiff ownership following the relegation of the club from the Premier League last season and the unresolved financial transaction around the £17 million acquisition of Emiliano Sala who tragically died in an air crash before he could play for the club.

Contact the writer of this story at moc.llabtoofdlrowedisni@noslohcin.luap

Must of made a massive profit ,700m the club is valued at only 2 years old wonder how much he invested

Apparently the owners had to pay $110 million USD to the MLS just to register the club and also $350 million USD for the stadium.
They also would've paid for the players, but by the looks of it Tan has made a nice profit.

Tan sells halve his shares in Los Angeles FC for around $70 million USD according to Inside World Football. Tan is also looking to sell the other halve shortly.




Inside World Football


Cardiff owner Tan sells LAFC stake valuing MLS club at $700m

3rd March 2020

March 3 – Malaysian Vincent Tan, owner of Cardiff, has reportedly sold half his stake in Major League Soccer’s (MLS) Los Angeles FC (LAFC), valuing the club at a league high $700 million.

LAFC, who only debuted in the MLS in 2018, opened their 2020 campaign against David Beckham’s MLS debutants Inter Miami with a 1-0 win at the weekend.

On the $700 million valuation Tan – who sold his shares internally to other LAFC owner – would have received about $70 million for the first tranche. The ownership group is understood to be in the process of buying the rest of Tan’s shares.

LAFC has rapidly become a major success story, playing in the Banc of California Stadium, one of the most fashionable and stylised venues anywhere in world football, and having put down roots in a city where the now defunct Chivas MLS franchise failed to gain traction.

The team’s large ownership group mixes business executives, athletes, celebrities and money managers but is essentially controlled by a trio of owners –Apollo Global Management senior partner Larry Berg, Ares Management co-founder Bennett Rosenthal, and Brandon Beck, co-founder of Riot Games. Minority owners include Golden State Warriors co-owner Peter Guber; actor Will Ferrell; Magic Johnson; and former U.S. soccer star Mia Hamm.

Tan’s exit reflects what looks to be a scaling back of his financial commitment to football clubs around the world.

He reduced his controlling stake in Bosnian champions FK Sarajevo last year, but remains a major shareholder of Belgian club KV Kortrijk.

Financial uncertainly surrounds his Cardiff ownership following the relegation of the club from the Premier League last season and the unresolved financial transaction around the £17 million acquisition of Emiliano Sala who tragically died in an air crash before he could play for the club.

Contact the writer of this story at moc.llabtoofdlrowedisni@noslohcin.luap

Must of made a massive profit ,700m the club is valued at only 2 years old wonder how much he invested

Apparently the owners had to pay $110 million USD to the MLS just to register the club and also $350 million USD for the stadium.
They also would've paid for the players, but by the looks of it Tan has made a nice profit.

Can't see the players costing alot in mls they have a salary cap too looks like a good investment

Tan sells halve his shares in Los Angeles FC for around $70 million USD according to Inside World Football. Tan is also looking to sell the other halve shortly.




Inside World Football


Cardiff owner Tan sells LAFC stake valuing MLS club at $700m

3rd March 2020

March 3 – Malaysian Vincent Tan, owner of Cardiff, has reportedly sold half his stake in Major League Soccer’s (MLS) Los Angeles FC (LAFC), valuing the club at a league high $700 million.

LAFC, who only debuted in the MLS in 2018, opened their 2020 campaign against David Beckham’s MLS debutants Inter Miami with a 1-0 win at the weekend.

On the $700 million valuation Tan – who sold his shares internally to other LAFC owner – would have received about $70 million for the first tranche. The ownership group is understood to be in the process of buying the rest of Tan’s shares.

LAFC has rapidly become a major success story, playing in the Banc of California Stadium, one of the most fashionable and stylised venues anywhere in world football, and having put down roots in a city where the now defunct Chivas MLS franchise failed to gain traction.

The team’s large ownership group mixes business executives, athletes, celebrities and money managers but is essentially controlled by a trio of owners –Apollo Global Management senior partner Larry Berg, Ares Management co-founder Bennett Rosenthal, and Brandon Beck, co-founder of Riot Games. Minority owners include Golden State Warriors co-owner Peter Guber; actor Will Ferrell; Magic Johnson; and former U.S. soccer star Mia Hamm.

Tan’s exit reflects what looks to be a scaling back of his financial commitment to football clubs around the world.

He reduced his controlling stake in Bosnian champions FK Sarajevo last year, but remains a major shareholder of Belgian club KV Kortrijk.

Financial uncertainly surrounds his Cardiff ownership following the relegation of the club from the Premier League last season and the unresolved financial transaction around the £17 million acquisition of Emiliano Sala who tragically died in an air crash before he could play for the club.

Contact the writer of this story at moc.llabtoofdlrowedisni@noslohcin.luap

Must of made a massive profit ,700m the club is valued at only 2 years old wonder how much he invested

Apparently the owners had to pay $110 million USD to the MLS just to register the club and also $350 million USD for the stadium.
They also would've paid for the players, but by the looks of it Tan has made a nice profit.

Can't see the players costing alot in mls they have a salary cap too looks like a good investment

It does look like he has made a sound investment. Just had a look and from 2016 to present they have spent 32 million USD on players.
He has already sold shares from FK Sarajevo, so he is either going to focus more of his football investments into us as he has been quoted or is looking to get away from football altogether.

Tan sells halve his shares in Los Angeles FC for around $70 million USD according to Inside World Football. Tan is also looking to sell the other halve shortly.




Inside World Football


Cardiff owner Tan sells LAFC stake valuing MLS club at $700m

3rd March 2020

March 3 – Malaysian Vincent Tan, owner of Cardiff, has reportedly sold half his stake in Major League Soccer’s (MLS) Los Angeles FC (LAFC), valuing the club at a league high $700 million.

LAFC, who only debuted in the MLS in 2018, opened their 2020 campaign against David Beckham’s MLS debutants Inter Miami with a 1-0 win at the weekend.

On the $700 million valuation Tan – who sold his shares internally to other LAFC owner – would have received about $70 million for the first tranche. The ownership group is understood to be in the process of buying the rest of Tan’s shares.

LAFC has rapidly become a major success story, playing in the Banc of California Stadium, one of the most fashionable and stylised venues anywhere in world football, and having put down roots in a city where the now defunct Chivas MLS franchise failed to gain traction.

The team’s large ownership group mixes business executives, athletes, celebrities and money managers but is essentially controlled by a trio of owners –Apollo Global Management senior partner Larry Berg, Ares Management co-founder Bennett Rosenthal, and Brandon Beck, co-founder of Riot Games. Minority owners include Golden State Warriors co-owner Peter Guber; actor Will Ferrell; Magic Johnson; and former U.S. soccer star Mia Hamm.

Tan’s exit reflects what looks to be a scaling back of his financial commitment to football clubs around the world.

He reduced his controlling stake in Bosnian champions FK Sarajevo last year, but remains a major shareholder of Belgian club KV Kortrijk.

Financial uncertainly surrounds his Cardiff ownership following the relegation of the club from the Premier League last season and the unresolved financial transaction around the £17 million acquisition of Emiliano Sala who tragically died in an air crash before he could play for the club.

Contact the writer of this story at moc.llabtoofdlrowedisni@noslohcin.luap

Must of made a massive profit ,700m the club is valued at only 2 years old wonder how much he invested

Apparently the owners had to pay $110 million USD to the MLS just to register the club and also $350 million USD for the stadium.
They also would've paid for the players, but by the looks of it Tan has made a nice profit.

Can't see the players costing alot in mls they have a salary cap too looks like a good investment

It does look like he has made a sound investment. Just had a look and from 2016 to present they have spent 32 million USD on players.
He has already sold shares from FK Sarajevo, so he is either going to focus more of his football investments into us as he has been quoted or is looking to get away from football altogether.

Might be looking to invest in another country ,the problem we got us ffp now you can't just throw money at it anymore

Do academy monies count against fpp?

Do academy monies count against fpp?

I think it's the whole club so would assume so

Do academy monies count against fpp?

youth development , training facilities, women football and stadium improvements do not count towards ffp..
not sure how that effects the top end of the academy as the older players will have contracts.. and their coaches will therefore be coaching pros even though the wages wont be particularly high..

There's not as much money involved here for Tan as article suggests.
He owned 20% of club and he's sold half his shares, so only 10%, for £55 Million, $70 million dollars. Club owned by 27 celebs and American sportstars so a bit different from us! Tan will have made a good few £million but the $700 million is a red herring in typical journo fashion.

There's not as much money involved here for Tan as article suggests.
He owned 20% of club and he's sold half his shares, so only 10%, for £55 Million, $70 million dollars. Club owned by 27 celebs and American sportstars so a bit different from us! Tan will have made a good few £million but the $700 million is a red herring in typical journo fashion.

It states in the article that he will sell half his shares at the value you mentioned. At no point does it suggest he’s sold them for $700m.

What a b*stard for doing that.

Not sure why just want to join in.

What a b*stard for doing that.

Not sure why just want to join in.

hmm i was thinking same but afraid of the SH haters accusing me of being his mate...
bloke invests in football club and gets his money back.......hang him..

There's not as much money involved here for Tan as article suggests.
He owned 20% of club and he's sold half his shares, so only 10%, for £55 Million, $70 million dollars. Club owned by 27 celebs and American sportstars so a bit different from us! Tan will have made a good few £million but the $700 million is a red herring in typical journo fashion.

it clearly says that Tan selling 10% for 70 mill therefore values the club at 700 mill....

Tan sells halve his shares in Los Angeles FC for around $70 million USD according to Inside World Football. Tan is also looking to sell the other halve shortly.




Inside World Football


Cardiff owner Tan sells LAFC stake valuing MLS club at $700m

3rd March 2020

March 3 – Malaysian Vincent Tan, owner of Cardiff, has reportedly sold half his stake in Major League Soccer’s (MLS) Los Angeles FC (LAFC), valuing the club at a league high $700 million.

LAFC, who only debuted in the MLS in 2018, opened their 2020 campaign against David Beckham’s MLS debutants Inter Miami with a 1-0 win at the weekend.

On the $700 million valuation Tan – who sold his shares internally to other LAFC owner – would have received about $70 million for the first tranche. The ownership group is understood to be in the process of buying the rest of Tan’s shares.

LAFC has rapidly become a major success story, playing in the Banc of California Stadium, one of the most fashionable and stylised venues anywhere in world football, and having put down roots in a city where the now defunct Chivas MLS franchise failed to gain traction.

The team’s large ownership group mixes business executives, athletes, celebrities and money managers but is essentially controlled by a trio of owners –Apollo Global Management senior partner Larry Berg, Ares Management co-founder Bennett Rosenthal, and Brandon Beck, co-founder of Riot Games. Minority owners include Golden State Warriors co-owner Peter Guber; actor Will Ferrell; Magic Johnson; and former U.S. soccer star Mia Hamm.

Tan’s exit reflects what looks to be a scaling back of his financial commitment to football clubs around the world.

He reduced his controlling stake in Bosnian champions FK Sarajevo last year, but remains a major shareholder of Belgian club KV Kortrijk.

Financial uncertainly surrounds his Cardiff ownership following the relegation of the club from the Premier League last season and the unresolved financial transaction around the £17 million acquisition of Emiliano Sala who tragically died in an air crash before he could play for the club.

Contact the writer of this story at moc.llabtoofdlrowedisni@noslohcin.luap

Must of made a massive profit ,700m the club is valued at only 2 years old wonder how much he invested

Apparently the owners had to pay $110 million USD to the MLS just to register the club and also $350 million USD for the stadium.
They also would've paid for the players, but by the looks of it Tan has made a nice profit.

Can't see the players costing alot in mls they have a salary cap too looks like a good investment

hood investment for tan that I sure same as all us sports all salary capped

Tan sells halve his shares in Los Angeles FC for around $70 million USD according to Inside World Football. Tan is also looking to sell the other halve shortly.




Inside World Football


Cardiff owner Tan sells LAFC stake valuing MLS club at $700m

3rd March 2020

March 3 – Malaysian Vincent Tan, owner of Cardiff, has reportedly sold half his stake in Major League Soccer’s (MLS) Los Angeles FC (LAFC), valuing the club at a league high $700 million.

LAFC, who only debuted in the MLS in 2018, opened their 2020 campaign against David Beckham’s MLS debutants Inter Miami with a 1-0 win at the weekend.

On the $700 million valuation Tan – who sold his shares internally to other LAFC owner – would have received about $70 million for the first tranche. The ownership group is understood to be in the process of buying the rest of Tan’s shares.

LAFC has rapidly become a major success story, playing in the Banc of California Stadium, one of the most fashionable and stylised venues anywhere in world football, and having put down roots in a city where the now defunct Chivas MLS franchise failed to gain traction.

The team’s large ownership group mixes business executives, athletes, celebrities and money managers but is essentially controlled by a trio of owners –Apollo Global Management senior partner Larry Berg, Ares Management co-founder Bennett Rosenthal, and Brandon Beck, co-founder of Riot Games. Minority owners include Golden State Warriors co-owner Peter Guber; actor Will Ferrell; Magic Johnson; and former U.S. soccer star Mia Hamm.

Tan’s exit reflects what looks to be a scaling back of his financial commitment to football clubs around the world.

He reduced his controlling stake in Bosnian champions FK Sarajevo last year, but remains a major shareholder of Belgian club KV Kortrijk.

Financial uncertainly surrounds his Cardiff ownership following the relegation of the club from the Premier League last season and the unresolved financial transaction around the £17 million acquisition of Emiliano Sala who tragically died in an air crash before he could play for the club.

Contact the writer of this story at moc.llabtoofdlrowedisni@noslohcin.luap

Must of made a massive profit ,700m the club is valued at only 2 years old wonder how much he invested

Apparently the owners had to pay $110 million USD to the MLS just to register the club and also $350 million USD for the stadium.
They also would've paid for the players, but by the looks of it Tan has made a nice profit.

Can't see the players costing alot in mls they have a salary cap too looks like a good investment

hood investment for tan that I sure same as all us sports all salary capped

I think the championship should have a salary cap too