Tuesday, February 19, 2013

An Atypical Monday in Orlando

My phone started blowing up yesterday morning; emails, text messages, voicemails. However, it was a phone call from my dad that caught my attention as it was a bit unusual to get a call from either of my parents at 10am on a Monday morning.

Me: "Hey Dad, what's up, is everything okay"
Dad: "Yep, everything's fine. Did you hear about Orlando City?"
Me: "The new investor from Brazil?"
Dad: "Yep"
Me: "Yep"
Dad: "Oh, well that's exciting."
Me: "Yep, but thanks for the soccer related call."
Dad: "Yep, I'll talk to you later. Love you.
Me: "Love you too Dad"

And so that is how my Monday Morning began on what could end up being the biggest moment thus far in Orlando City's effort to become a Major League Soccer franchise.

For those who missed every newscast and newspaper article yesterday in Central Florida, Orlando City announced Brazilian born Flavio Augusto da Silva was becoming a new majority partner in the club with a targeted investment of $80M.

It is no secret that the club has been looking for that "catalyst investor" that would bring enough bankroll to the club so that the stadium and MLS franchise fee for quite some time. Coach Heath visited Rio last October to scout for talent, spending 9 days in the coast city and seeing several matches and practice sessions. Our understanding is that Rawlins and team officials traveled to Rio in November to have a face-to-face meeting with Augusto da Silva and his team. Between November and the announcement on Monday the two parties have been working on the specifics of the ownership deal, leaving the lawyers to work out the details through January and the early part of this month. Our understanding is that the paperwork for the partnership was only signed last week, so to say the press conference was almost immediate would be a bit of an understatement.

So what does Augusto da Silva bring to the equation? What does this mean for the stadium effort? While the press conference itself was an exciting step forward in the push towards MLS, the story behind the numbers reveal quite a bit more.

Stay tuned to our site today as we will have several articles that will fill in all the gaps.


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