Patrick Soon-Shiong, the Los Angeles billionaire who has been in talks about becoming a major investor in D.C. United, might not buy into the MLS club at all, multiple people said this week.
The situation remains “fluid,” one person familiar with the negotiations said. However, others close to the talks, who requested anonymity because of privacy issues, said Soon-Shiong, a prominent physician who bought the Los Angeles Times this year, likely will not join the group.
The current majority investor, Indonesian businessman Erick Thohir, is planning to sell most, if not all, of his 78-percent stake to Jason Levien, who owns the balance.