The Houston Dash, as well as their MLS counterparts, the Houston Dynamo, have been purchased by Ted Segal, the head of EJS Group, a NYC-based real estate development and financing company. Segal is also the co-founder of Verance Capital, which according to its website, “partners with leading entrepreneurs and management teams providing early and growth stage capital across sports, media and live entertainment.”
As part of the deal, Brooklyn Nets guard James Harden, former light middleweight boxing champion Oscar De La Hoya, the founder of White Deer Energy Ben Guill and the founder of investment firm Brener International Gabriel Brener will retain their minority stakes in the teams.
Segal released a statement about the purchase and his love for soccer and his eye towards helping Houston host games in the 2026 World Cup.
“As someone with a lifelong passion for soccer, having the opportunity to invest in professional soccer in Houston – a dynamic, diverse and growing city with such a storied history in professional sports is truly exciting. The interest and passion for soccer in Houston are clear,” Segal said. “The Dynamo and Dash have incredibly devoted fans that have supported championship clubs, Houston is a go-to destination for hosting major international soccer games and there’s a great group of leaders making a strong case for Houston to deservedly serve as a host city for the 2026 FIFA World Cup. I am honored to join the club and its great supporters as the sport continues to ascend in the region and throughout the United States.”
Both teams are looking for a boost, as the Dash currently sit in 8th place with a record of 2-3-1, while the Dynamo are in 7th place in the MLS’ western conference with a record of 3-3-3. We’ll soon see if Segal’s leadership and new direction can lift both programs in the standings.