Orlando City SC
Wilf family (Zygi, Mark and Leonard Wilf) acquisition · 7 May 2021
- Seller
- Flávio Augusto da Silva
- Stake acquired
- —
- Control
- Yes
- Reported consideration
- ~€336m
- Implied equity value
- —
- League
- MLS
- Country
- United States
- Confidence
- MEDIUM
Wilf family (Zygi, Mark and Leonard Wilf) acquired a majority stake in Orlando City SC from Flávio Augusto da Silva, announced 7 May 2021, closing 21 Jul 2021.
Reported consideration was ~€336m. Reporting placed the club's value at ~€336m.
Nearest pre-acquisition revenue was ~€35.7m (FY 2019).
- Announced
- 7 May 2021
- Closed
- 21 Jul 2021
- Stake after transaction
- —
- Status
- completed
Reported consideration
What the buyer reportedly paid for the stake
Implied 100% equity value
Calculated: consideration ÷ stake acquired
Reported club valuation
Enterprise value
Only shown when debt/cash near the transaction date is established
Debt assumed / restructured
Primary capital injection
Total announced investment commitment
Commitments are not purchase price and not valuation
Nearest pre-acquisition financial year: 2019
Revenue
Wages
EBITDA
Net debt
Net income
(Orlando City SC (incl. Orlando Pride).) The Wilf family (Minnesota Vikings) closed the purchase of Orlando City Soccer Holdings — MLS club, NWSL Orlando Pride, the club-owned Exploria Stadium and training facilities — from Flávio Augusto da Silva on 21 Jul 2021 (club release). Price was not disclosed; pre-close reporting gave a $400–450m range and post-close reporting settled on ~$400m, so we flag a conflict and use $400m.
- Orlando City SC: Wilf Family Completes Purchase of Orlando City Soccer Club and Orlando Pride ↗Tier 1 · primary club
2021-07-21 — “Wilf family finalized acquisition as new majority owners; purchase includes Orlando City SC, Orlando Pride, Exploria Stadium, academy and training facilities; DeVos family limited partner; Wilfs dissolved Nashville SC minority stake.”
2021-07-21 — “Price not disclosed; purchase includes Pride and Exploria Stadium.”
2021-05-07 — “Deal likely to close in $400-$450m range depending on final structure; includes stadium and Orlando Pride; da Silva paid $70m expansion fee in 2013; minority owner Friedberg selling stake back to club.”
- Sportico MLS Team Valuations 2021 ↗Tier 3 · media
2021-07-14 — “Orlando City sale valued club at roughly $400 million, 10 times revenue.”
2021-08-04 — “Wilfs purchased Orlando City Soccer Holdings LLC (Orlando City, Pride, Exploria Stadium) from da Silva for a valuation around $400 million, sources said.”