Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Soccer World Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds Game Report
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
Vergaras buy out Cue brothers
August 30th, 2012 1:09AM
Subscribe to Soccer America Daily

MOST READ
TAGS:  chivas usa, mls

MOST COMMENTED

[MLS SPOTLIGHT]Jorge Vergara and wife Angelica Fuentes have bought out their partners, Antonio and Lorenzo Cue, taking back control of Chivas USA, the club they launched in 2004 with the hope that it would be an American version of Chivas Guadalajara, the popular Mexican club they own.

The Cue brothers have run the day-to-day operations of Chivas USA, which has never totally succeeded with its original goal.

It enjoyed some success under Bob Bradley and Preki but has struggled in recent years and in the shadow of the Los Angeles area club, the Galaxy.

“We are thrilled to acquire the remaining 50 percent of Chivas USA,” said Fuentes. “We are very excited about the future that Chivas USA will have."

With a modest following and without a stadium of its own, Chivas USA has often been mentioned as the future target of ownership groups seeking to buy and relocate an existing club once MLS has decided it has reached its ceiling on the number of clubs in the league.

Vergara and Fuentes own Omnilife Group.



6 comments
  1. David Sirias
    commented on: August 30, 2012 at 12:18 p.m.
    Vergara didn't get rich by being stupid. He must have decided 1) he needs to sell the team outright, 2) relocate, or 3) go all in MLS 2.0 and put down serious coin for a new LA area SSS coinciding with a re-brand. Either way, this is long past due. Fans of MLS should be cheering this.
  1. David Huff
    commented on: August 30, 2012 at 1:19 p.m.
    Vergara and Cue as owners have been terrible in that their cheapness has hobbled a club that plays in the shadow of the extravagant AEG-sponsored Galaxy w/ its 3 DP players. After losing Guzan, Kledjstan and Bornstein they really haven't been able to replace with quality players although the Agudelo acquisition was promising and the GK Kennedy is good. Preki did a good job with what he had but he knew that the future was not bright given the unwillingness of the ownership group to spend $$ to improve the team. One other thing, they need to lose the 'USA' tag and give the club a real sense of attachment and identity where it plays in Greater Los Angeles. Chivas Los Angeles and Chivas Guadalajara make sense, the generic "Chivas USA" makes no sense.
  1. Gus Keri
    commented on: August 30, 2012 at 1:46 p.m.
    How about LA Goats? although LA area is not famous for goats. It might work better.
  1. Frank Daze
    commented on: August 30, 2012 at 3:29 p.m.
    Totally agree with mr. Huff ... He couldn't have said it any better!!
  1. Frank Daze
    commented on: August 30, 2012 at 3:31 p.m.
    Mr.kerry ... Like ur idea!! LA goats. There u go mr vergara....
  1. Doug Wiggins
    commented on: August 30, 2012 at 4:44 p.m.
    If you subscribe to the AEG/Galaxy fiscal mentality, the more money you spend, the better your team will be. Unfortunately, you will also run in the 'red' year after year. Before the acquistion of Beckham, Angel, Keane and the massive salary hike given to Donovan (was that really worth it?) the Galaxy were profitable for several years. Chivas however, will never be profitable while they rent from AEG/Galaxy, as ticket sales are split 40-60 (Chivas/AEG). They also get virtually 0% of concessions (12oz Beer=$9) and parking ($25-$40 per space!) When your income cannot even cover your fixed expenses, everytime you spend an additional million dollars on a player, you are losing another $1 million! As most of the MLS teams that are profitable (or are close to profitable) have found, the 1st step towards profitablity is owning your own stadium. Chivas needs to move away from the dark shadow of AEG!

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Soccer America Daily
MLS Moves: Castillo swept off his feet in Turkey    
FC Dallas star Fabian Castillo arrived in Turkey ahead of his anticipated transfer from MLS to ...
What They're Saying: David Luiz    
"It's important to be an example, especially for the kids. I work every day with this ...
MLS All-Star Game: Wondo ready for challenge    
All-Star Games are supposed to be wide-open, entertaining affairs, and if so, are tough tests for ...
U.S. women are off to Brazil -- opener next Wednesday    
The U.S. women's national team was off to Brazil Wednesday night to prepare for its quest ...
MLS Homegrowns lose to Mexico's U-20s    
In an appetizer to the MLS all-stars' game against Arsenal, a squad of MLS U-23 Homegrown ...
U.S. Abroad: Five Americans start in Tijuana Copa MX loss    
Tijuana started five Americans in its 4-0 loss to second division Lobos BUAP in Mexico's midweek ...
MLS Moves: Jones jumps ranks at Philadelphia    
Derrick Jones, the first player to sign with the Bethlehem Steel FC, became the first player ...
MLS All-Star Game: Soaking up the experience    
A guy like Sacha Kljestan, an 11-year pro and veteran of the UEFA Champions League with ...
Video Pick: Trick PK goes wrong in Peru    
Last February, Lionel Messi passed a penalty kick to Luis Suarez, who stroked home to complete ...
What They're Saying: Landon Donovan    
"There's a reason you see the passion in this area: Soccer's in their blood now. It ...
>> Soccer America Daily Archives