The China Mail - MLS to unveil new team in San Diego after record fee

USD -
AED 3.672502
AFN 63.999692
ALL 81.442168
AMD 361.356205
ANG 1.789785
AOA 918.000238
ARS 1531.580988
AUD 1.424299
AWG 1.8025
AZN 1.719283
BAM 1.751936
BBD 2.019841
BDT 124.502291
BGN 1.747831
BHD 0.378636
BIF 3009.562199
BMD 1
BND 1.2812
BOB 12.160165
BRL 5.437703
BSD 1.002889
BTN 95.171425
BWP 13.855559
BYN 2.954181
BYR 19600
BZD 2.016885
CAD 1.39796
CDF 2315.000088
CHF 0.82319
CLF 0.025248
CLP 993.709674
CNY 6.661101
CNH 6.64394
COP 3218.67
CRC 456.02956
CUC 1
CUP 24.068509
CVE 98.772786
CZK 21.781998
DJF 178.577987
DKK 6.681965
DOP 60.786026
DZD 135.75098
EGP 55.859529
ERN 15
ETB 161.902139
EUR 0.89406
FJD 2.243701
FKP 0.746765
GBP 0.746245
GEL 2.600526
GGP 0.746765
GHS 11.683612
GIP 0.746765
GMD 74.000185
GNF 8876.049714
GTQ 7.66695
GYD 210.211851
HKD 7.845765
HNL 26.9551
HRK 6.76901
HTG 131.391307
HUF 327.051007
IDR 18160
ILS 3.13695
IMP 0.746765
INR 94.83495
IQD 1520.31173
IRR 1868415.000232
ISK 121.589852
JEP 0.746765
JMD 159.364013
JOD 0.708976
JPY 157.774983
KES 129.939796
KGS 87.448701
KHR 4091.870006
KMF 440.999742
KPW 899.999961
KRW 1340.915017
KWD 0.31117
KYD 0.835759
KZT 454.722981
LAK 22579.734941
LBP 89806.69145
LKR 333.576685
LRD 170.480349
LSL 16.713128
LTL 2.95274
LVL 0.60489
LYD 6.446758
MAD 9.860886
MDL 17.951359
MGA 4536.110178
MKD 55.157433
MMK 2099.693878
MNT 3599.326016
MOP 8.10391
MRU 40.665547
MUR 47.289736
MVR 15.449853
MWK 1738.573508
MXN 18.768035
MYR 4.067403
MZN 63.909996
NAD 16.713053
NGN 1344.520036
NIO 36.905162
NOK 9.212103
NPR 152.274101
NZD 1.78001
OMR 0.384271
PAB 1.003001
PEN 3.471087
PGK 4.563879
PHP 63.603969
PKR 277.436793
PLN 3.94685
PYG 5875.265928
QAR 3.655843
RON 4.7733
RSD 105.271644
RUB 80.624757
RWF 1480.416527
SAR 3.764539
SBD 8.058206
SCR 14.712529
SDG 601.505413
SEK 9.799205
SGD 1.278509
SHP 0.748335
SLE 22.864817
SLL 20969.504398
SOS 573.104915
SRD 37.619501
STD 20697.981008
STN 21.946031
SVC 8.775026
SYP 13001.999685
SZL 16.707648
THB 33.777496
TJS 9.231424
TMT 3.5
TND 2.999059
TOP 2.40776
TRY 49.970498
TTD 6.799808
TWD 32.585
TZS 2642.997972
UAH 45.485612
UGX 4262.104179
UYU 40.318896
UZS 12028.32407
VES 887.479801
VND 25791
VUV 118.915185
WST 2.776217
XAF 586.465001
XAG 0.019887
XAU 0.000255428494
XCD 2.70255
XCG 1.807408
XDR 0.707052
XOF 586.465001
XPF 106.82886
YER 236.195061
ZAR 16.68449
ZMK 9001.199662
ZMW 20.222595
ZWL 321.999592
SSP 5745.217636
MXV 2.113638
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

MLS to unveil new team in San Diego after record fee
MLS to unveil new team in San Diego after record fee / Photo: © GETTY IMAGES NORTH AMERICA/AFP

MLS to unveil new team in San Diego after record fee

Major League Soccer will announce a new team in San Diego on Thursday after British-Egyptian billionaire Mohamed Mansour paid a record expansion fee of around $500 million, a person with knowledge of the plans has told AFP.

Text size:

The 30th club in MLS will play at the recently built 35,000 capacity Snapdragon Stadium, home to the San Diego Aztecs college football team and the San Diego Wave, the National Womens Soccer League franchise.

The previous record fee paid for entering MLS was the $325 million committed by Charlotte FC in 2019. The original entry fee to MLS, for its first season in 1996, was $5 million.

The value of MLS teams has increased significantly in recent years. When Orlando City joined the league in 2015 their owners paid $70 million while Los Angeles FC's owners forked out $110 million five years ago.

The new San Diego team, whose name has yet to be revealed, is earmarked to start play in the league 2025 and will be the fourth MLS team in California along with the San Jose Earthquakes, Los Angeles Galaxy and Los Angeles Football Club.

The source said the new club will not have any link to the current San Diego Loyal who play in the second tier USL Championship.

The Loyal, who count former MLS and United States national team star Landon Donovan, among their ownership group, have said they will continue despite the impending new arrival.

"Our plan is simple. We aren't going anywhere," said chairman and owner Andrew Vassiliadis in a statement.

"Landon Donovan, the entire San Diego Loyal team and I are dedicated to this mission, and we will continue to work tirelessly to achieve it. Our passion for soccer and for our community will never falter," he added.

MLS Commissioner Don Garber, who said in March he was "bullish" on San Diego's chances of becoming the 30th team has indicated the league could be looking for two more markets in the coming years.

Las Vegas, Sacramento, Detroit, Phoenix and Tampa have all been mentioned as possible future locations for MLS clubs.

While 32 teams is much bigger than most first division leagues around the world, MLS, with teams from the United States and Canada, operates with an Eastern and Western Conference.

The NFL and NHL both have 32 teams while the NBA and Major League Baseball both have 30 teams each.

Mansour's ownership group also includes the Sycuan Band of the Kumeyaay Nation, a federally recognised Native-American tribe located in the San Diego area.

The 75-year-old Egyptian born Mansour is a British citizen and lives in London

He is chairman of his family's Mansour Group which is involved in the automotive industry, financial services and real estate. Mansour also serves the senior treasurer of Britain's Conservative Party.

The San Diego investment comes ahead of an expected boom in interest in the sport in the United States which is co-hosting the 2026 World Cup along with Mexico and Canada.

This season MLS launched a new global broadcasting deal with Apple TV worth a reported $2.5 billion over ten years.

San Diego's NWSL team has the two highest attendance's in league history for an individual game.

The record was set at Snapdragon Stadium in September last year when 32,000 saw the Wave beat Angel City FC.

X.Gu--ThChM