The Columbus Crew announced this afternoon that Precourt Sport Ventures (PSV) has taken a 100% controlling interest in the team. Anthony Precourt, Managing Partner of PSV, becomes the Chairman of the team effective immediately.
Precourt doesn't plan on making any moves immediately and is taking a circumspect approach to his investment. He will be assessing the business and on field performance of the team through the end of the season with an eye to starting to enact PSV's plans for the team moving forward during the offseason.
Precourt said that his initial focus would be on filling the stands and bringing in more corporate partnerships to put the team on better financial footing. Many of these pushes echo the existing Goal 10K and Dare to Be Massive pushes, but that all efforts would be evaluated.
On the field, Precourt will rely on the existing management, Mark McCullers, Brian Bliss, and Robert Warzycha to guide the team and he will remain focused on the business aspects.
With the transaction, Hunt Sports Group exits the Columbus sports landscape after 18 years as the primary Investor-Operator of the Columbus Crew. HSG remains committed to lead F.C. Dallas for the foreseeable future according to Hunt.
Today, MLS also closes the door on the last of the multi-team ownership groups. Anshultz Entertainment Group does retain a partial share in the Houston Dynamo and a controlling interest in the L.A. Galaxy, but HSG was the last full operator of two teams in MLS.
PSV and Precourt made it clear that they see a tremendous opportunity in Columbus and that the team is here to stay, but that doesn't mean it will remain as is. Everything from existing business plans to the team crest will be assessed.