AEG sells remaining interest in Houston Dynamo

Phil Anschutz's AEG, which owned six of MLS's 10 clubs during the league's low point, has sold its majority interest in the Houston Dynamo to Gabriel Brener, leaving it with the LA Galaxy as the only MLS club it still owns. It marks the first time in MLS's 20 years each club has a different investor.

Brener, the CEO of Brener International Group, also bought AEG’s interests in the NWSL’s Houston Dash and the BBVA Compass Stadium.

AEG relocated the team from San Jose to Houston in 2006. In 2008, AEG sold partial ownership interests in the Dynamo and BBVA Compass Stadium to Brener and boxing champion Oscar De La Hoya, CEO of Golden Boy Promotions.
“I am honored to become the new managing partner of the Houston Dynamo,” said Brener. “I’d like to thank Mr. Phil Anschutz and the AEG organization for being great partners over the years. Mr. Anschutz has been critical to the development of MLS and the game in the United States, and for that I thank him.
“Most importantly, I want to recognize the Dynamo fans, sponsors, players and staff and thank them for their support and efforts. I want to let them know that we are committed to fielding a winning team, providing an incredible fan experience, and giving back to the community.”

Brener will lead the new ownership group comprised of three other investors: Jake Silverstein, Ben Guill and De La Hoya.
Silverstein is a private investor based in Portland, Oregon.  Guill is a Houston-based businessman and a founder and managing partner of White Deer Energy. He is also a minority shareholder of the Houston Astros.

When MLS launched in 1996, AEG only owned the Colorado Rapids. It started the expansion Chicago Fire in 1998 and bought the Galaxy at the end of the 1998 season. It took on D.C. United in early 2001 and the MetroStars (now New York Red Bulls) and Earthquakes after the 2001 season as MLS contracted from 12 team to 10 in a bid to stave off collapse.

Previous AEG Sales:
Colorado Rapids
Sale date: Sept. 2003
New owners: Kroenke Sports & Entertainment
Price: undisclosed

Sale date: March 2006
New owners: Red Bull
Price: $30 million (estimate)
(In addition to ownership of the club, Red Bull's deal with AEG included naming rights for and a 50 percent ownership stake in the team's new stadium. Red Bull later bought out AEG's other 50 percent interest in the stadium.)

D.C. United
Sale date: Jan. 2007
New owners: D.C. United Holdings
Price: $33 million

Chicago Fire
Sale date: Sept. 2007
New owners: Andell Holdings
Price: $30 million (estimate)
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