Tright here’s A mannequin new sheriff On the metropolis, Houston soccer followers. On Tuesday, the Houston Dynamo Soccer Membership introduced exact property developer Ted Segal as its new majority proprietor and chairman. As head honcho, Segal will name the performs for the Bayou City’s two expert soccer franchises: the Houston Dynamo of Primary League Soccer, and Nationwide Women’s Soccer League’s reigning Problem Cup champions, the Dash. Segal additionally took majority curiosity Inside the leasing rights to BBVA Stadium, wright here each groups play.
“Houston is a world class metropolis that deserves world class groups,” Segal said all by way of his introductory press convention, which additionally featured Don Garber and Lisa Baird, commissioners of the MSL and NWSL. “I think about the Dynamo and the Dash ought to recurrent The easiest of Houston, And that i acknowledge that my position in contributing to the club’s success is To current the groups with assets Important to succeed on and off the pitch.”
A New Jersey native and self-professed lifelong soccer fan, Segal is the founder and president of EJS Group, a NY metropolis exact property group that invests in markets throughout America. He additionally co-based and chairs Verance Capital, which currents capital for sports activities, media, and stay leisure companies collectively with Wonka-like immersive expertise Candytopia. And his new tie to Houston isn’t as random As a Outcome of it’d sound; his father and brcompletely different run LS Power, which has workplaces right here.
Following Inside the play pattern of his new groups, Segal wasted no time outlining his first steps of movement as proprietor, collectively with A 3-yr extension of the contract of defender Tim Parker, the signing of Zimbabwean defender Teenage Hadebe, and the hiring of former Texans President Jamey Rootes As a Outcome of the group’s CEO. Segal additionally made ensures to the group, saying major charitable contributions to Dynamo Charities and the Houston Meals Financial institution, As properly as to initiatives to develop The sport amongst Houston youth alongside completely different youngsters’s-focused nonprofits.
“Maybe Most significantly, the club’s capability To impact the group by way of good work is A strong system that few organizations outdoors of sports activities can rival,” said Segal, who succeeds Gabriel Brener as franchise proprietor. (Brener and his former majority possession group, Which incorporates Oscar De La Hoya, Ben Guill, and James Harden, are anticipated To take care of a minority stake).
However In all probcapability the Most nice announcement for H-Town soccer followers probably acquired here when Segal introduced he would take an lively position in Houston’s bid to host the 2026 FIFA World Cup.
Every thing we do is with objective of championship club,” he said, earlier than repping that Dynamo FC cred. “Let’s ‘maintain it down’ and get to work.”