AUSTIN, Texas — Award-winning actor and Austin resident Matthew McConaughey is now one of the owners of Austin FC.
- Austin FC expanded ownership
- 4 new owners added
- Stadium to be completed in 2021
Two Oak Ventures, the parent company that owns the rights to operate Austin FC of Major League Soccer, made the announcement on Friday. The expanded ownership includes the addition of McConaughey, Marius Haas, Eddie Margain, and Bryan Sheffield. The new owners are joining majority partner Anthony Precourt.
“It is my privilege to welcome my new partners to Austin FC,” Precourt said. “This group knows and loves the city of Austin and the beautiful game. I can’t think of anyone better to help us realize our ambitions as a soccer club for this entire community.”
Two Oak Ventures said the new investors offer a range of business acumen. Haas is the president and chief commercial officer of Dell Technologies. Sheffield is the founder and executive chairman of Austin-based Parsley Energy. Margain is the founder of PIXIU Investments. Two Oak Ventures cites McConaughey’s status as a local hero as an asset to the project.
“Austin FC is more than a quality investment for Austin, it’s a quality investment in Austin,” said McConaughey. “The most diverse and borderless game in the world is now coming to one of the most multi-cultural, creative and diverse cities in the world. Austin FC is a healthy investment in our city’s culture and future.”
Austin FC is expected to break ground on a state-of-the-art, multi-purpose stadium and soccer park on September 5. The stadium is scheduled to be completed in the Spring of 2021.