Seattle Sounders Seek Major Investment for New Stadium, Future Growth
October 31, 2025
If successful, the Sounders would join MLS teams pursuing capital raises or sales ahead of the 2026 FIFA World Cup, following recent deals like Real Salt Lake’s sale.
The move comes amid a broader MLS trend of attracting outside investment ahead of the 2026 World Cup, with several clubs engaging in deals or sales.
Moelis & Company is also supporting potential stake sales and growth initiatives as MLS expands across North America.
The Sounders are valued around $825 million with 2024 revenue of about $83 million, reflecting a strong on-field record, high attendance, and a trophy-rich history.
The sought investment would be a significant strategic partnership rather than a minor stake, aimed at accelerating the club’s plans.
Possible development at Longacres in Renton could house the Sounders’ headquarters, training facility, and potentially a new stadium, complementing the existing Lumen Field lease through 2032.
The Seattle Sounders FC announced a strategic capital raise from outside investors to accelerate the club’s growth, potentially funding a new soccer-specific stadium at the Longacres development.
Moelis & Co. has been hired to explore a strategic capital raise from a large minority partner, aiming to support ventures including a Longacres stadium and other growth initiatives.
Majority owner Adrian Hanauer said the time is right to seek additional partners to realize the club’s vision for the next 50 years, with potential changes to ownership structure.
Hanauer highlighted pride in the club and indicated the effort is about attracting partners to back the franchise’s long-term plan.
This would be the Sounders’ first on-market capital raise since MLS entry in 2009, with current ownership led by Hanauer and past support from local or celebrity backers.
The capital raise is an ownership-wide decision, not the sale of individual equity, and would bring in a new investor as part of the entire ownership group.
Summary based on 3 sources
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Sources

ESPN • Oct 31, 2025
Sounders seek outside investment to fund potential new stadium - ESPN
Sportico.com • Oct 30, 2025
Sounders Tap Moelis to Explore First Major Stake Sale Since 2009
Seattle Sounders FC • Oct 30, 2025
Seattle Sounders FC launches strategic capital raise to fuel next phase of organizational growth