Kings co-owner purchases Sacramento Republic FC

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 9/05 6:20 am

SACRAMENTO, Calif. (AP) — Sacramento Kings co-owner Kevin Nagle has purchased a controlling interest in Sacramento Republic FC, with the goal of growing the minor-league team into a Major League Soccer franchise.

The Sacramento Bee reports Friday that Nagle declined to say how much he invested in the Republic or how big of a stake he now owns in the team, saying only that he has "majority control." Nagle's title will be managing partner.

The Republic has drawn sellout crowds this year. Nagle says he hopes his investment will bolster Sacramento's chances of landing a franchise in MLS, the highest level of pro soccer in the United States.

The 59-year-old made his fortune as co-founder of Envision Pharmaceutical Holdings. He is the largest local shareholder and executive voting member of the NBA's Kings.


©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
NEWSCASTS ON DEMAND

What's On

All content © Copyright 2014 Intermountain West Communications Company. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.