Orlando City acquire minority shareholder

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Tribal Football

·30 September 2020

Orlando City acquire minority shareholder

Jed Kaplan, the chief executive of gaming organisation Simplicity Esports, has added Orlando City SC to his portfolio of sports investments, acquiring a minority stake in the Major League Soccer (MLS) franchise, reports, www.sportspromedia.com/.

The veteran sports executive, who is also a minority owner of the National Basketball Association's (NBA) Memphis Grizzlies and English second-tier soccer club Swansea City, announced the acquisition via his Twitter account. The terms of Kaplan's acquisition were not disclosed.

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Kaplan, whose esports company operates Brazilian top-flight soccer club Flamengo's esports team, joins majority shareholder Augusto da Silva, a Brazilian entrepreneur, who chairs the board at the Florida-based outfit.