Seattle Sounders Plan Outside Investment to Fund New Soccer Stadium

The Seattle Sounders FC have initiated a strategic capital raise to attract significant outside investment for the first time since joining MLS in 2009, aiming to fund long-term growth projects including a new soccer-specific stadium at their Longacres facility in Renton, Washington. The club has engaged global investment bank Moelis & Company to lead this effort, seeking a partner who can provide both capital and strategic expertise to support their vision for the next 50 years. Majority owner Adrian Hanauer emphasized the desire for a collaborative partner to help realize the club's ambitions, especially the stadium project, which would mark a departure from their current shared tenancy at Lumen Field with the NFL's Seattle Seahawks. Valued at approximately $825 million, the Sounders have consistently been among MLS's elite teams, with strong attendance and recent expansion into women's football through the purchase of the NWSL's Seattle Reign. The move reflects the club's intent to bolster infrastructure ahead of the 2026 FIFA World Cup and build a broader sporting and community presence. While details on stadium costs or timelines remain undisclosed, the Sounders' leadership views this capital raise as a pivotal step toward securing the club's future growth and success.