Tuesday, 1 May 2018

Rocco Commisso offers $500m investment to fund NASL

  • Letters obtained by the Guardian detail offer to US Soccer president
  • Commisso to lead investment package with $250m of own money
  • Cosmos owner’s offer is contingent on restructuring of federation

Rocco Commisso, the owner of the New York Cosmos, who has made waves in the US game with his anti-trust legal actions against US Soccer, Major League Soccer and Soccer United Marketing, has offered to put half a billion dollars into the North American Soccer League over the next 10 years, provided he receives certain guarantees from the federation.

In a series of letters obtained by the Guardian in recent days, Commisso wrote to Carlos Cordeiro, the new president of US Soccer, earlier this month, outlining his plans to put a $500m investment package, including $250m of his personal fortune, into the NASL, where the Cosmos have played since their return to active play in 2013.

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from US news | The Guardian https://ift.tt/2vUAGoc

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