## Marcelo Claure Buys 10% Stake in New York City FC at 'US$1.5bn' Valuation ### Claure Acquires Stake in Major League Soccer Club Marcelo Claure, the Bolivian-American businessman and former CEO of Sprint, has acquired a 10% stake in New York City FC, a Major League Soccer (MLS) club. According to reports, the deal values the club at US$1.5 billion. ### Claure's Investment Strengthens NYCFC's Financial Standing The investment by Claure, who is also the owner of Bolivian football club Club BolÃvar, is a significant boost to NYCFC's financial standing. The club, which is owned by City Football Group, has been seeking additional investment to support its growth and development. ### NYCFC Valued at US$1.5 Billion The valuation of NYCFC at US$1.5 billion reflects the club's growing stature within MLS. The club has won the MLS Cup once and the Eastern Conference title three times since its inception in 2013. NYCFC also has a strong fan base and a state-of-the-art stadium, Yankee Stadium. ### Claure's Business Acumen to Benefit NYCFC Claure is a successful businessman with a proven track record in various industries, including telecommunications, technology, media, and sports. His experience and business acumen are expected to benefit NYCFC in various areas, including strategic planning, financial management, and global expansion. ### MLS Continues to Attract Investment Claure's investment in NYCFC is the latest example of the growing interest in MLS from investors around the world. The league has experienced significant growth in recent years, with new teams joining and existing clubs increasing their investment. The influx of capital is contributing to the league's overall development and competitiveness.
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