Meg Whitman invests in FC Cincinnati

Meg Whitman, the former Hewlett Packard president and CEO and California gubernatorial candidate, has joined the FC Cincinnati ownership group.

Whitman and her husband, Griff Harsh, are buying a minority stake in FC Cincinnati that puts the 2019 expansion team's valuation at around $500 million.

Whitman, the current CEO at Quibi, a short-form mobile video platform, is on the board at Cincinnati-based Procter & Gamble, where she began her career.

“Cincinnati has a special place in my heart,” said Whitman. “FC Cincinnati and soccer have both already proven to be cultural forces in the market. Between the crowds at Nippert Stadium and the corporate commitments it has drawn, it’s a team with an exceptionally high ceiling.”

Whitman, who will serve as FC Cincinnati’s alternate governor on the MLS board of governors, joins an ownership group headed by Carl Lindner III, co-CEO Cincinnati-based American Financial Group.

FC Cincinnati has been looking to raise capital to invest in players and help fund its facilities that include a new stadium and training complex.

In 2017, Whitman and Harsh briefly joined the Sacramento Republic FC bid group. Almost two years later, Sacramento was awarded MLS's 29th franchise.
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1 comment about "Meg Whitman invests in FC Cincinnati".
  1. schultz rockne, November 30, 2019 at 7 p.m.

    "Between the crowds...and the corporate commitments it has drawn, it's a 'team' with an exceptionally high ceiling." Cue Rodney Dangerfield-style eye roll. Hence the favoured franchise-focus for current--and future--MOSL (Major Outdoor Soccer League) clubs. Amazed that "soccer" was even mentioned. Shit! Can't wait til they hit 40 teams, spotty Usonian-bred teens breaking into first teams, mas y mas South Americans (however appreciated) imported, etc., but hey--so long as they give us Usonians something to do/someone to root-root-root for when their university throw-ball (American gridiron-style!) squads aren't pummelling themselves into oblivian.

    I know D. Garber has wet his loafers in excitement.

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