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Andrew Hauptman sells Chicago Fire to minority owner Joe...
Paywall. Athletic story
Billionaire Joe Mansueto takes full ownership of the Chicago Fire
Tribune story
Joe Mansueto buys control of Fire from Andrew Hauptman
Chicago Sun story.
Billionaire Joe Mansueto bought 49% share last summer. This year, he bought the rest.
From Sun story:
Old stadium wasn't a good fit. Now they're headed (back) to play in the premiere stadium in the city.
From Trib story
And the old owner is out (of everything).
Sounds like a good thing for the organization.
Paywall. Athletic story
Billionaire Joe Mansueto takes full ownership of the Chicago Fire
Tribune story
Joe Mansueto buys control of Fire from Andrew Hauptman
Chicago Sun story.
Billionaire Joe Mansueto bought 49% share last summer. This year, he bought the rest.
From Sun story:
They are on the verge of returning to Soldier Field, and when they do come back to the city, they will have a new owner.
The franchise announced Friday that Joe Mansueto has taken over as sole owner of the franchise. In July 2018, Mansueto, the executive chairman of investment research firm Morningstar, purchased a 49 percent share in the team. At the time, Hauptman remained the Fire chairman, controlling shareholder and governor on the MLS Board of Governors.
Forbes reported that Mansueto paid $204 million for the last 51 percent of the team. Mansueto’s worth is a reported $3.8 billion. Hauptman purchased the team for $35 million in September 2007 from Anschutz Entertainment Group a year after Toyota Park opened.
Old stadium wasn't a good fit. Now they're headed (back) to play in the premiere stadium in the city.
From Trib story
The Fire, who reached a deal with Bridgeview in July to leave SeatGeek Stadium, have moved a step closer to playing at Soldier Field as soon as next year.
The Chicago Park District voted at its monthly board meeting Wednesday to continue negotiations and enter into a permit and operating agreement for the Fire to use the 61,500-seat stadium starting in the 2020 MLS season.
And the old owner is out (of everything).
Sounds like a good thing for the organization.
