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Renew Deal

(81,856 posts)
Mon Sep 29, 2014, 10:41 PM Sep 2014

Chivas USA to suspend operations after MLS season, sources say

Chivas USA will suspend operations at the end of the MLS regular season, multiple sources with knowledge of the situation have told ESPNFC.com.

One source added that the league has agreed to sell the club to an undisclosed investment group for a fee in the neighborhood of $100 million, and that going on hiatus is a condition of the sale.

The club is expected to go dark for a minimum of two years until the new ownership group can plan and build a new stadium for the team. MLS has confirmed the land in Exposition Park where the L.A. Sports Arena sits as a potential site for the new venue.

The time period will also allow the club to be rebranded with a new name.

MLS purchased the troubled club -- which will miss the playoffs for the fifth straight season, and is last in the league in attendance -- in February, and officials have stated that they expected to sell the team by the end of the season.
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http://www.espnfc.com/league-name/story/2061689

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Chivas USA to suspend operations after MLS season, sources say (Original Post) Renew Deal Sep 2014 OP
Sacramento? KamaAina Sep 2014 #1
Sorry to hear that rocktivity Oct 2014 #2
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