According to piece by Grant Wahl of Sports Illustrated, Red Bull is looking to get out of Major League Soccer.
Wahl reports that an offer of $300 million for the franchise and stadium would get a deal done “within 48 hours” as Red Bull looks to contract its sporting interests due to falling profits.
The report doesn’t say if anything was in the works or if that was simply a target to find a buyer.
According to Wahl, the team has had talks of selling the stadium more than once in recent years, and he speculates the company won’t have MLS in its long-term plans, instead focusing solely on its European soccer ventures.
The biggest fallout from this would mean that Thierry Henry may move on from New York. Wahl’s source told him that Henry has “zero chance” of signing a contract extension, presumably because Red Bull doesn’t wish to pour large amounts long-term money into the team in any sense.
This is not to say that he would retire, but that he could move to another team.
For more on the situation you can read Grant’s column here.
The news comes on the heels of reports that Chivas USA will be contracted and a new team will take its place in Los Angeles, with a two-year hiatus for the rebrand to take place.
With MLS rapidly expanding and placing teams in new cities, it would be wise to shore up its current clubs before spreading itself too thin.