Recently, Dr. Patrick Soon-Shiong addressed the 2018 Select LA Investment Summit, talking about the 4th Industrial Revolution and Los Angeles’ role in that revolution. According to The Planning Report, a trade magazine out of Los Angeles, near the end of his talk, he said something much more interesting for D.C. United fans:
Don’t get mad at me, but there was not enough space on the two LA soccer teams. Soon, I will be the majority owner of D.C. United. The reason this is exciting is that we can interconnect D.C. and Los Angeles. Between D.C. and Los Angeles, we can truly become the voice of the nation to the world.
The Planning Report provided Black and Red United with a copy of the audio, and we have verified that quote. Dr. Soon-Shiong even mentioned the Wayne Rooney transfer in the audio version. Soon-Shiong has been rumored to be the new lead investor for which current managing general partner Jason Levien has been looking. Erick Thohir, the current lead investor, has been selling off a number of his sports assets, including having sold a majority of his shares in Inter Milan to a Chinese company and possibly looking to sell the rest.
D.C. United declined to comment on this story.
Soon-Shiong recently completed his purchase of the LA Times and the San Diego Tribune, and he currently owns a small stake in the LA Lakers. America’s richest doctor is estimated to be worth $7.8 billion, which would place him in the very top tier of MLS owners: Bob Kraft, owner of the New England Revolution, is worth $6.8 billion, and Arthur Blank, owner of Atlanta United, is worth $4.2 billion. Such a purchase has the potential to be transformational for D.C. United, on and above the revenue Audi Field will bring in.
More as we hear it.