Atlanta United parent company buys stake in Aberdeen

MLS's Atlanta United reached a partnership agreement with Aberdeen FC that will give AMB Sports & Entertainment, the parent company of Atlanta United, an interest in the Scottish club and an opportunity for both clubs to work together on player and youth development and commercial practices.

AMBSE will have minority ownership in Aberdeen with a less than 10 percent stake in the club but no operational involvement or day-to-day oversight responsibilities. Atlanta United president Darren Eales will join AFC’s board.
AMBSE’s investment of 2 million pounds ($2.57 million) in Aberdeen is part of a total investment of 5 million ($6.43 million), led by software entrepreneur Dave Cormack, a native of Aberdeen and current resident of Atlanta who will take over as club chairman in December.
“We’re thrilled about this opportunity to partner with Aberdeen, a successful club with a long and proud history,” said Eales.  “The partnership is a natural fit, with synergies both on and off the pitch.  We share the same commitment to our fans, to our core values, community engagement and competitive results."

The Dons are third in the Scottish Premiership, behind Celtic and Rangers. Their last league title was in 1985.
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