The Seattle Sounders have announced plans to attract outside investment as part of efforts to finance a new soccer stadium, signaling a major shift in the club's business strategy.
On Thursday, the club announced it had launched a “strategic capital raise” aimed at attracting new investors who can provide both financial support and strategic expertise.
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The Sounders hired global investment bank Moelis & Company to lead the search, marking the first time in more than 15 years that the club has opened its doors to outside capital.
According to ESPN, the Sounders' ownership group, led by majority owner Adrian Hanauer, is seeking partners who can help accelerate long-term growth plans, including a new stadium project at the club's Longacres site in Renton, Washington.
Designed to be a football home for the Sounders, the site will be a major change from Lumen Field, the team's current shared home with the NFL's Seattle Seahawks.
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“Over the last decade and a half, we have laid the foundation for excellence on and off the field,” Hanauer said in a club statement. “We believe now is the right time to seek additional partners who can help us realize our vision for the next 50 years.”
The club is reportedly valued at approximately $825 million. While no details about the cost or timeline for the stadium's construction have been released, the move comes at a time when several MLS teams are pursuing similar projects to bolster infrastructure ahead of the 2026 FIFA World Cup.
📸 Steph Chambers – Getty Images, 2025
