Real Estate tycoon Victor MacFarlane has sold his stake in DC United.

This cannot be good news for DC fans or for the ongoing stadium issue…

Story via BizJournals

“Real estate tycoon Victor MacFarlane has relinquished his stake in D.C. United.

MacFarlane, managing principal of San Francisco-based MacFarlane Partners, announced Thursday he will sell his interest in the Major League Soccer team to his partner Will Chang.

Chang, chairman of San Mateo, Calif.-based investment group Westlake International Group, will own and control the operating rights to D.C. United.

He will be juggling duties with another franchise, as he is active in managing Major League Baseball’s San Francisco Giants.

“It has been an exciting and challenging last few years for D.C. United,” said MacFarlane, in a statement. “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”

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