Major League Soccer remains on course to sell Chivas USA by the end of this year and it may do so for a record price. But time could be running out to put a rebranded team on the field in 2015, sources have told SI.com, leaving the league to play its 20th season with only 20 clubs.
SI.com understands that a front-runner has emerged to own and operate the second Los Angeles-area franchise. The investor group includes an “L.A. component,” according to a source, and is prepared to spend more than the $100 million MLS received last year from the owners of New York City FC.
The transaction could be confirmed as early as Oct. 6, when the league’s board of governors is scheduled to meet in Los Angeles.