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Chattanooga FC opens up ‘true ownership’ to its supporters

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The owners of Chattanooga FC have opened up their beloved club to fan ownership in a non-cosmetic, very real way, and it is going very well.

Billing the move as the first time in America that a “soccer club offers fans true ownership,” the National Premier Soccer League club has sold over 1,800 of 8,000 available shares in its club over a 24-hour period.

For $125 a share, buyers get “one vote, a stock certificate, an owner lapel pin, a “CFC Owner” yard sign, their name on our 2019 third alternate jersey, access to exclusive owner benefits and merchandise, and invitation to annual shareholders’ meeting.”

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ProSoccerTalk spoke to CFC general manager Sheldon Grizzle about the project, and found that its deep roots stretch back to board room daydreaming and the Green Bay Packers’ selling shares of their NFL club to fans.

“In the very early days of Chattanooga Football Club, we’d sit around in the board room and talk about how cool it would be,” Grizzle said. “What if we could have that commitment and culture in Chattanooga?”

Grizzle played a pivotal role in starting the club over a decade ago before taking a break to work on some other projects. He returned last January after selling his shares in a software company, and became even more involved when CFC’s general manager departed the club to help start a USL League One side in Chattanooga. Grizzle took over the GM duties in November.

He’s always held firm faith in the project, because he says CFC was built for the soccer fans, players, and proud citizens of its region. Having an opponent across town with non-local ownership has only redoubled the club’s commitment to its city.

“The entire founding group is Chattanoogans,” Grizzle said. “This wasn’t about money or creating value to sell it to someone else. It really was about Chattanooga and planting a flag here that says this is Chattanooga’s team and we are never leaving. This is by far the best way to demonstrate that this is the case.

“It has already far exceeded our expectations. When we initially did this we were thinking, if we could get 1000 people to say I’m an owner of Chattanooga FC, that would be a really powerful thing for our community. For us it’s just an honor and an encouragement to have so many people thinking, ‘We love what you do. It’s important, and I’m willing to literally invest and take ownership of this thing which is good for our community,’.”

What broke the dam for CFC was a federal law which allows for crowdfunding across all 50 states. It took a decade-old idea and launched it into hyper speed, relatively speaking.

“We found out about this model about a year ago, maybe 18 months ago, and we’ve chipped away at it,” he said. “In the last four months, we’ve really driven hard on it. It was love of community, commitment to a place that we’re never gonna leave. Now if we ever sold the club at some point in the future — clubs transition, they have to. All of our owners are going to die at some point — and someone can take care of our baby better than us. When that happens, we don’t want there to be any chance that the club can be taken out of city.”

In doing so, Grizzle has ensured that his club will outlive him. It’s something that has driven numerous groups across the country, but CFC is implementing the most ambitious plan yet.

Michael Bradley re-signs with Toronto FC

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Toronto FC captain Michael Bradley has re-signed with the Major League Soccer franchise.

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Bradley, 32, saw his previous contract run out at the end of the 2019 season but he has now agreed a new deal with the Canadian side and Toronto have squeezed him into their salary cap by using Targeted Allocation Money (TAM).

During his six season stint so far in Toronto, Bradley has led the team to three MLS Cup finals as TFC stunned MLS with a run to the final against Seattle in 2019. They lost on that occasion but beat Seattle in 2017 and Bradley’s displays, along with that of Sebastian Giovinco, Jozy Altidore and now Alejandro Pozuelo have seen Toronto become one of the most consistent teams in MLS.

Explaining his reasons for signing a new deal in Toronto, Bradley revealed that he wants to take them onto bigger and better things.

“I feel so attached to the city of Toronto, the club, the team. I love it here and I am really proud of what we’ve been able to do over the past six years,” Bradley said. “Beyond the success, I am equally as proud of the mentality and identity this club has taken on. The relationship between the club and the city, the club and the fans are both very special and I’m proud to have played a part in that. What we have in Toronto doesn’t exist everywhere. My family and I are so happy to remain in Toronto and we’d like to thank everyone at Toronto FC for ensuring that this process was done quietly and professionally behind the scenes. I’m looking forward to continuing to play in the biggest games and competing for trophies every year.”

Bradley still has plenty left in the tank, as last season showed, and despite rumors that he would link up with his father, Bob Bradley, at LAFC, he is staying in Ontario.

That’s great news for Toronto FC as despite plenty of criticism from USMNT fans over recent years, Bradley has continued to deliver consistency and leadership at BMO Field.

Premier League player Power Rankings

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Our latest Premier League player Power Rankings have landed.

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Matchweek 16 followed a similar pattern to recent weeks as players from Liverpool, Leicester City, Spurs and Man United dominated our top 20 with so many games played over the last seven days.

Remember: this is a list of the top 20 performing players right now in the Premier League. If they didn’t play in the last matchweek, they aren’t getting in this list!

[ VIDEO: Premier League highlights ]  

Let us know in the comments section below if you agree with the selections.


1.  Jamie Vardy (Leicester) – Even
2. Heung-Min Son (Tottenham) – Up 7
3. Marcus Rashford (Man United) – New entry
4. Mohamed Salah (Liverpool) – New entry
5. Harry Kane (Tottenham) – Up 6
6. Jonjo Shelvey (Newcastle) – New entry
7. Jonny Evans (Leicester) – New entry
8. Sadio Mane (Liverpool) – Down 4
9. Dominic Calvert-Lewin (Everton) – New entry
10. Danny Ings (Southampton) – New entry
11. Aaron Wan-Bissaka (Man United) – New entry
12. Virgil Van Dijk (Liverpool) – Down 2
13. Caglar Soyuncu (Leicester) – Even
14. Dele Alli (Tottenham) – Down 11
15. Kevin De Bruyne (Man City) – Down 10
16. Raul Jimenez (Wolves) – Down 3
17. Christian Pulisic (Chelsea) – Down 1
18. Anthony Martial (Man United) – New entry
19. Diogo Jota (Wolves) – New entry
20. Nicolas Pepe (Arsenal) – New entry

Christian Pulisic named USMNT Player of the Year

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Who else could it be? Christian Pulisic has been named the USMNT player of the year for 2019.

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The Chelsea star, 21, excelled for club and country over the past 12 months and after taking a few months to settle into life in England, he’s now taking the Premier League by storm on a weekly basis.

Pulisic has now won this award for a second time after first winning it in 2017 and he becomes the youngest player in U.S. men’s national team history to win the award twice.

His achievements over the last 12 months are numerous, as he dragged a struggling USMNT to the 2019 Gold Cup final and also became the youngest player to reach double figures in goals for the USMNT.

MLS veteran Sacha Kljestan signs with hometown LA Galaxy

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Carson, Calif. (AP) Veteran midfielder Sacha Kljestan has signed with the LA Galaxy as a free agent.

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The 34-year-old U.S. national team contributor officially returned to his native Southern California on Wednesday.

Kljestan has scored 49 goals over 10 MLS seasons in a career that began as the fifth overall pick by defunct Chivas USA, the Galaxy’s former stadium partners. After a successful five-year stint with Belgium’s Anderlecht, he spent the past five seasons with New York Red Bulls and Orlando City.

The Huntington Beach native also has made 51 appearances for the U.S. team, playing in the 2008 Beijing Olympics.

Kljestan will provide veteran leadership for a Galaxy roster in transition after the departures of its top two goal-scorers: Zlatan Ibrahimovic and Uriel Antuna.

More AP soccer: https://apnews.com/Soccer and https://twitter.com/AP-Sports