Report: Vincent Tan, Peter Guber Part of Group That Could Buy Chivas USA
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MLS News
Tuesday, 30 September 2014 17:23

Chivas USA, which will suspend operations for at least the next two seasons, per Jeff Carlisle of ESPN FC, may have found a new owner quicker than expected.

Vincent Tan, the controversial owner of Cardiff City, which participated in the Premier League last season, is part of a group that's interested in purchasing the troubled MLS side, according to Grant Wahl of Sports Illustrated. 

Tan is one of many names that are involved in the group that's on the verge of purchasing the California club.

Peter Guber, a Hollywood producer and co-owner of the Los Angeles Dodgers and Golden State Warriors, is also part of the setup. Tom Penn, a former NBA executive, and Henry Nguyen, a Vietnamese-American businessman, are the two others who are involved.

According to Carlisle, the league says it's looking for $100 million for the sale of Chivas USA. The club will return once the new owners build a new stadium for the team. Exposition Park is a potential site, but the group wants a stadium in downtown L.A.

Assuming the four partners buy Chivas USA, it would most likely begin operations in 2017 under a new brand, dissolving the current Chivas name. MLS could approve the sale by next week at the next Board of Governors meeting.

Major League Soccer currently owns Chivas USA. It bought the club from Jorge Vergara and Angelica Fuentes back in February.

The Goats will miss the playoffs for a fifth straight season and have the worst attendance numbers in MLS.

Read more MLS news on BleacherReport.com

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