Overview
- The move marks the club’s first open-market capital raise since joining MLS in 2009.
- The mandate applies only to the Sounders and not the Seattle Reign, with no individual owner selling as the ownership group pursues dilution.
- Majority owner Adrian Hanauer continues to control the club while seeking a large partner that brings both funding and operational expertise.
- Investment could advance evaluation of a stadium at the Longacres site, where the team trains, as the Lumen Field lease runs through 2032.
- Sportico values the Sounders at $825 million with 2024 revenue of $83 million, and the effort tracks a wider MLS push for new investment ahead of the 2026 World Cup.