Orlando City forward Chris Mueller celebrates his goal during the MLS soccer match between the ... [+] Orlando City SC and the New York City FC on October 14, 2020, at Explorer Stadium in Orlando, Florida. Andrew Bershaw/Icon Sportswire via Getty ImagesMajor League Soccer’s Orlando City SC, which played its first season in Major League Soccer in 2015, is on the verge of being sold for about $400 million, according to a source with knowledge of the transaction. Last year, Forbes valued Orlando City SC at $295 million, 12th among the league’s 24 teams. Sports Business Journal broke the news of the impending Orlando City SC sale yesterday. “It’s unclear if other assets within the Orlando Sports Holdings LLC portfolio—which include the NWSL Orlando Pride, USL League One Orlando City B and Exploria Stadium—would be included in the sale,” the outlet reported.

Source: Forbes October 16, 2020 16:03 UTC