Major League Soccer

Orlando City's owner Flavio Augusto da Silva is never quiet

By Mauricio Saenz

Orlando City FC's owner Flavio Augusto da Silva may be looking to sell the team, sources said.
 

Orlando City FC's owner Flavio Augusto da Silva may be looking to sell the team, sources said.  

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Orlando City is doing greatly right now. They have a five-game streak without losing and, unexpectedly, find themselves fighting for the top spots on the Eastern Conference. Since the teams creation in 2015, this looks like the best moment for the franchise. Then, owner Flavio Augusto da Silva may think, it's a good time to sell.

As hard as it sounds, da Silva may be looking to get rid of the Lions soon. It's difficult to find the sense of his decision. He paid $70 million dollars back in 2015 to receive an expansion team. He took it to Orlando. The he founded Orlando Pride and bought the Exploria stadium.

He whole Orlando Sports Holding LLC is valued at nearly $500 million. During last years, da Silva has sold assets and shares of bought the Orlando City FC alone and the whole holding. In 2018 he sold 8.63% of the OSH to Albert Friedberg and recently transferred an unknown amount of shares to Memphis Grizzlies and Swansea City FC's owner, Jed Kaplan.

It's still unknown if da Silva plans to sell Orlando City together with their stadium and Orlando Pride. Actually, it's unknown with who is da Silva negotiating, although it's been said that the buyer would be a US resident. Anyway, it feels like a pity to see all of Alex Leitao's work diluted by a new ownership.

 

 


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