On the tenth birthday of the Houston Dynamo they have a new majority owner as current minority owner, Gabriel Brener upped his share. Brener bought out AEG’s interest in Houston Dynamo, Houston Dash and BBVA Compass Stadium to take a majority share in the organization.
Ten years to the day that AEG announced they were moving the San Jose Earthquakes to Houston the group finally fulfilled their promise to remove their ownership of Houston Dynamo. In owning the Dynamo, AEG had a controlling interest in two Major League Soccer teams, which caused concern for the league, requesting that this would stop and it finally has.
Brener purchased a minority share in the Dynamo in 2008 proving part of the first devolution of AEG’s ownership. On that occasion they sold partial ownership to both Brener and Oscar De La Hoya who will remain as a minority owner.
Brener created a group to take charge of the club as the Mexican entrepreneur is joined by two other investors. Jake Silverstein and Ben Guill are the two who have joined Brener to create an expanded ownership group, in charge of the majority share of the club.
Silverstein is based in Portland and comes from the family who profited in the early years of the Cable industry. Silverstein holds Stormlight Expeditions as part of his portfolio and is a member of the X-Prize Foundation Vision Circle and will serve on the Board of Governors with Brener.
Guill is based out of Houston and the founder of White Deer Energy and his investment in the Dynamo is his second sporting organization as he is a minority shareholder of the Houston Astros. Guill will be the smallest of the three partners in the majority group.