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New Sounders Investors Put Together Ownership Group Last Fall

Wilson and his wife Ciara wanted to invest in the Sounders to make sure they stayed in SeattleRUSSELL WILSON

Seahawks QB Russell Wilson, who recently joined the Sounders ownership group along with 10 other families, said that a "dinner at his house" with team Owner Adrian Hanauer, former Microsoft exec Terry Myerson and other potential investors last November "basically cemented his desire to become involved with the team," according to Bob Condotta of the SEATTLE TIMES. Wilson said that his reasoning for wanting to invest was a "fear the ownership group might no longer be based in Seattle." He added that he was concerned that "if the situation was not stabilized with local ownership, the team might leave." A Sounders spokesperson said that the team was "never in danger of moving." However, Myerson in a Linkedin post said that there was a California investment group that was being "very aggressive in getting a deal done" for the Sounders. Wilson said that the process of becoming an investor "'wasn’t difficult' once the decision was made other than it simply took a while to run through the legal process." The total ownership stake for the new owners is $58.6M, but it is "unclear how much of the percentage of the total ownership stake that is, or how much each family may have invested" (SEATTLE TIMES, 8/23).

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