Paul Hastings is among a line-up of US firms to have taken roles on a $100m (£66m) joint venture between Manchester City Football Club and the New York Yankees to create New York City Football Club (NYCFC). Major League Soccer (MLS), the top US football division, has announced that NYCFC will become the 20th club to join the league, and is expected to begin playing in 2015. Manchester City will be the majority owner of the new club, with the Yankees – one of the US's best-known baseball teams – as junior partner. The two clubs already have a commercial relationship.
May 30, 2013 at 07:02 PM
1 minute read
The original version of this story was published on Legalweek
Paul Hastings takes lead on creation of New York City Football Club
Paul Hastings is among a line-up of US firms to have taken roles on a $100m (£66m) joint venture between Manchester City Football Club and the New York Yankees to create New York City Football Club (NYCFC).
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