Flavio Augusto da Silva has officially sold his majority stake at Orlando City to the Wilf family, the club announced on Wednesday.
The purchase includes Orlando City, the Orlando Pride, Exploria Stadium and all related soccer assets, including the Orlando City Academy and Youth Soccer Network, and the Club’s two official training facilities, Osceola Heritage Park and Sylvan Lake Park.
The Wilf family, which owns the NFL’s Minnesota Vikings, will now takeover as majority owners of the MLS team, its NWSL side, Orlando Pride, Exploria Stadium and all other club related assets.
“We are humbled to become stewards of Orlando City SC and the Orlando Pride, clubs with strong and established foundations on the pitch, with renowned supporters and a passionate fan base, and in a community we are extremely proud to represent,” said new Chairman Mark Wilf in a statement.
“We have a great appreciation for Flavio Augusto da Silva and to the entire staff for all of our discussions and for the foundation that they helped build,” Wilf continued. “We are committed to building a world-class organization, winning championships, investing in the growth and success of the Pride, and ensuring that we continue to give back to the Orlando community and make a meaningful difference.”
The owners of the Orlando Magic, the DeVos family, will join the ownership group as a limited partner. Dan DeVos, chairman of the Orlando Magic and the Orlando Magic Youth Foundation, will serve as the family’s lead representative.
“We are also thrilled to welcome the DeVos family as part of our ownership group,” Mark Wilf added in the statement. “Dan and the DeVos family are synonymous with Orlando sports and community. They are a valued and strong strategic partner as we move forward and work to create sustained success for Orlando City SC and the Orlando Pride.”
Reports of da Silva selling his majority share to the Wilf family first surfaced back in March, when The Athletic reported that da Silva was in discussions to sell the team.
Last May, the club officially announced it was in the process of selling the team to Wilf family with da Silva saying: “After eight years, a new chapter has opened for Orlando City SC, as I announce today that we are in advanced negotiations with the Wilf family to purchase Orlando City SC of MLS, the Orlando Pride of the NWSL and our related soccer assets.”
An earlier report in October 2020 from the Sports Business Journal said Orlando City was close to an initial sale, but it was unclear on who the buyer was.
The Wilf family will be formally introduced on Wednesday, August 4th with more info to be released at a later date.
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