Report: D.C. United valued at $50 million

Report: D.C. United valued at $50 million

MLS- D.C. United

Report: D.C. United valued at $50 million

ThohirLevien (Getty Images)

D.C. United's front-office brass spoke Tuesday about how the club had no financial restrictions following the introduction of new owners Jason Levien and Erick Thohir. The club's latest valuation would seem to corroborate that.

According to a report from Forbes, D.C.'s two new owners bought 60 percent of the club to boost its value to $50 million, with the ownership deal being the most expensive in league history. Chang, who will still own 40 percent of the team according to the report, had been the lone owner since 2009, when Victor MacFarlane sold his portion of the team.

"We really don't have any restrictions on what we can do," club president and CEO Kevin Payne said Tuesday. "That doesn't mean we're going to rush out and do silly things and throw money around. But at least as we're planning, we know that within reason we can do whatever we need to do to build the brand, so that's the way we're going to approach the business."

What do you think of this development?

Share your thoughts below.

More from

More SBI