Back to the DC United Newsfeed

D.C. United majority owner Erick Thohir agrees to sell stake in club

D.C. United midfielder Ulises Segura, right, battles Atlanta United midfielder Darlington Nagbe during an MLS game last month. D.C. majority owner Erick Thohir has agreed to sell his stake in the club. (Todd Kirkland/AP)

Erick Thohir has agreed to sell his majority stake in D.C. United to partner Jason Levien, who, in turn, has begun assembling a group to invest in the MLS organization, sources said Monday night.

Thohir, an Indonesian businessman who has been United’s general partner since July 2012, owns 78 percent of the team’s operating rights. However, he has been seeking to divest for more than a year.