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Heath Freeman agrees to buy San Jose Earthquakes for $625m

The Alden Global Capital co-founder is buying the club from John Fisher, with MLS owners having approved the sale.

Golviva Newsroom

PayPal Park, home of the San Jose Earthquakes, lit at dusk before a match
PayPal Park, home of the San Jose Earthquakes, lit at dusk before a match · Photo: ESPN

Heath Freeman, co-founder of Alden Global Capital, is buying the San Jose Earthquakes from John Fisher for $625 million, The Athletic reports. The deal makes him the newest member of the MLS board room.

ESPN, citing sources, reports that MLS owners approved the sale on Thursday.

Golviva's valuation of the Earthquakes squad is €41.1m, against a squad market value of €35.6m on Transfermarkt.

Sources

This article is based on reports by:

  • The Athletic — MLS's San Jose Earthquakes sold for $625 million to Heath Freeman
  • ESPN — Sources: Earthquakes sold to Heath Freeman of Alden Global for $625 million

Written by the Golviva newsroom from the reports below, with figures from Golviva’s own database. Spotted a mistake? Tell us. · How we report