The New York Yankees paired up with the world's richest soccer club on Tuesday in a dramatic move that will see the iconic baseball franchise acquire Major League Soccer's newest team and potentially stage games at Yankee Stadium.
MLS chiefs revealed that the Yankees and Manchester City, the 2012 English Premier League champion backed by the endless wealth of the Abu Dhabi royal family, will combine to own New York City Football Club, which is expected to begin MLS play in 2015.
The intriguing prospect of the team sharing Yankee Stadium is a likely one, at least until the new organization finds or builds a stadium of its own.
''Yankee Stadium is an option, as are many places,'' Yankees president Randy Levine said.
City's owners shelled out a record $100 million "franchise fee" to MLS for the rights to operate a team and will own a majority share, with the Yankees' stake amounting to around 25 percent.
"We are pleased to be associated with this major move by MLS to increase its presence inRead More »from MLS expansion in New York City could bring soccer to Yankee Stadium