Haslam Sports Group has sold a 10% stake in the Columbus Crew to the Edwards family at a franchise valuation of $90,000,000, according to Sportico. This transaction marks a significant shift in ownership structure for the Major League Soccer franchise, with the Edwards family now holding a substantial interest in the team.
The sale of the stake comes as the Columbus Crew prepares to enter its eighth season in Major League Soccer, having built a strong fan base and competitive presence in the league. The Edwards family’s investment is expected to provide additional resources for the team’s expansion plans, including potential stadium upgrades and youth development programs.
Haslam Sports Group, which previously owned a controlling interest in the team, will retain a significant stake post-sale. The deal underscores the growing financial opportunities within the MLS, as franchises continue to attract substantial investment from private equity and family offices.