The Washington Times - May 21, 2009, 11:25AM

After fighting hard, but unsuccessfully, in both the District and Prince George’s County to secure a new stadium for D.C. United, Victor MacFarlane has decided to sell his ownership stake in the team. 

MacFarlane, who owns and operates real estate investment firm MacFarlane Partners, will be bought out by partner and venture capitalist Will Chang. The two purchased the team together in 2007.


From a D.C. United press release:

Under the continuing ownership and leadership of my very good and long-time friend Will Chang and the D.C. United management team, I am confident there will be many more trophies to come,” said MacFarlane.   “It has been an exciting and challenging last few years for D.C. United. I have been so positively impressed with the limitless support of our fans, as well as the community, who all so energetically have voiced their desire to keep the team in the area. Though I now change my status from owner and fan to just fan, I plan to continue to champion D.C. United’s goals - on and off the field.” 


In the release, Chang acknowledged “challenges ahead for both the team and stadium site,” and said he believes he can bring the team to a “stronger international level.”