Community
BY DACIA GARCIA
Austin FC gains new minority stakeholders
In mid-July, the major league soccer team announced it would be expanding its ownership with ve new Austin-based members. The speci cs In a media release, the company shared that Jenny Just, Matt Hulsizer, Tench Coxe, Tanuj Gulati and Dave Snyderman will all have non-controlling, minority stakes in the Club. Austin FC founder and CEO Anthony Precourt will continue to have majority ownership control of the Club. Original investment group members including Austin FC co-founder Eduardo Margain, Marius Haas, Bryan She eld, Matthew McConaughey,
Austin FC announced ve members would be joining the Club’s ownership group with minority stakes in the Club.
COURTESY AUSTIN FC
David Kahn and Toby Neugebauer will remain owners of the Club alongside Precourt and the newly named owners. What they’re saying The Club was privileged to welcome the new individuals, Precourt said in the news release. “The Club, its supporters and our network of
partners have established an extraordinary culture over the past ve-plus years, and we are very excited to welcome the collective strengths of our distinguished new investors to the Austin FC community,” Precourt said. “Our newly expanded ownership group is committed to the Club’s growth and evolution and we remain focused on serving as a source of pride throughout Central Texas.”
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