Manchester City, New York Yankees to Partner in MLS Club: Why It’s a Good Thing

Manchester City and the New York Yankees are teaming up in the American soccer market. Their joint venture, New York City Football Club (NYCFC), is set to become Major League Soccer's 20th team, and while that might mean the league now has a super villain, it also means unprecedented investment is heading to MLS.

For that latter part of the equation, NYCFC is good for American soccer, where investment lags far behind both the European game and the traditional American triumvirate of baseball, basketball and football.

MLS announced the news in a press release Tuesday.

Major League Soccer Commissioner Don Garber announced today that a partnership of global sports powers, Manchester City Football Club and the New York Yankees, has acquired the League’s 20th expansion club. The new team will be named New York City Football Club (NYCFC) and expects to begin play in 2015.

Manchester City will be the majority owner of th...

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