Sacramento Republic’s MLS hopes get boost as Ron Burkle agrees to take over teamESPN
Sacramento Republic’s MLS expansion bid received a major boost on Tuesday with the announcement that billionaire investor Ron Burkle has agreed to acquire a controlling interest in the club.
Sacramento was at one point viewed as the frontrunner to acquire an MLS expansion team, especially given that it has a stadium site secured. But Sacramento had struggled to construct an investor group with sufficient financial heft to compete with other bids. Former eBay CEO Meg Whitman at one point appeared set to join the investor group, but later withdrew.