Sylvae
9May/130

Manchester City Ownership Group Reportedly Eyes MLS Expansion

Will the storied New York Cosmos franchise make a resurrection in Major League Soccer?  Although a New York City-based expansion team is set to enter the MLS and be based near Flushing Meadows, it will not be called the Cosmos.  That iconic name is being revived in the newly reconstituted, but lower tier, North American Soccer League.

Sheik Mansour bin Zayed al-Nahyan is reportedly the frontrunner to purchase the newest MLS franchise, which would create a natural rivalry with the New Jersey-based Red Bulls.  The New York Times reported that the sheik, a member of the Abu Dhabi royal family, has entered the final stages of acquiring an MLS franchise.  Franchise expansions fees are expected to fetch $100 million.

Sheik Mansour's Abu Dhabi United Group already owns the English Premier League's Manchester City Football Club, which it bought in 2008 for $385 million.  Prior to the purchase, Manchester City was in dire straits.&nbs...

Read Complete Article at Bleacher Report - MLS
Article is property of BleacherReport.com

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