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Report: Vincent Tan, Peter Guber Part of Group That Could Buy Chivas USA

Peter Galindo@@GalindoPWFeatured ColumnistSeptember 30, 2014

Cardiff City's owner Vincent Tan looks on from the stand before the start of their English Premier League soccer match against Tottenham Hotspur at White Hart Lane, London, Sunday, March 2, 2014. (AP Photo/Sang Tan)
Sang Tan/Associated Press

Chivas USA, which will suspend operations for at least the next two seasons, per Jeff Carlisle of ESPN FC, may have found a new owner quicker than expected.

Vincent Tan, the controversial owner of Cardiff City, which participated in the Premier League last season, is part of a group that's interested in purchasing the troubled MLS side, according to Grant Wahl of Sports Illustrated

Grant Wahl @GrantWahl

Group set to own new LA MLS team includes Henry Nguyen, Peter Guber, Tom Penn, Vincent Tan. Likely 2017 start, $100M+ http://t.co/hDVMr10TnH

Tan is one of many names that are involved in the group that's on the verge of purchasing the California club.

Peter Guber, a Hollywood producer and co-owner of the Los Angeles Dodgers and Golden State Warriors, is also part of the setup. Tom Penn, a former NBA executive, and Henry Nguyen, a Vietnamese-American businessman, are the two others who are involved.

Grant Wahl @GrantWahl

Vincent Tan is a minority partner in the LA MLS group. Henry Nguyen is the majority partner, would move to LA.

According to Carlisle, the league says it's looking for $100 million for the sale of Chivas USA. The club will return once the new owners build a new stadium for the team. Exposition Park is a potential site, but the group wants a stadium in downtown L.A.

Assuming the four partners buy Chivas USA, it would most likely begin operations in 2017 under a new brand, dissolving the current Chivas name. MLS could approve the sale by next week at the next Board of Governors meeting.

Grant Wahl @GrantWahl

Seems to be some confusion. New LA MLS owners aren't buying Chivas USA but rather replacing it.

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Major League Soccer currently owns Chivas USA. It bought the club from Jorge Vergara and Angelica Fuentes back in February.

The Goats will miss the playoffs for a fifth straight season and have the worst attendance numbers in MLS.

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