Andell Holdings a Los Angeles based private investment firm investing in a variety of industries including entertainment, sports and consumer products has finally sealed its deal to buy the Chicago Fire soccer team from sports giant Anschutz Entertainment Group.
Andell Holdings chief executive Andrew Hauptman said:
We invest to win and this is going to be no different. We want to bring a renewed focus and passion and resources to the organization.
With a growing popularity of soccer worldwide and the enthusiasm of Chicago sports fans the firm intends to build a winning team. Andell, owned by Andrew Hauptman whose interest doesn’t seem limited to a simple business venture during a seemingly lucrative time for the league. Being a soccer fan much of his life has spent time working for Universal Studios in London and lived in the shadow of Stamford Bridge, the historic home of English Premier League power the Chelsea Football Club.
Regardless of consistent success all the way through, especially in the U.S. Open Cup the Chicago Fire has a significant and fairly unique admiration in the United States.
Via: Bloomberg
