Man City and New York Yankees partner to form new MLS club in NYC

After years of very publicly planning and searching for a suitable ownership group to front a second MLS team in New York, the league has found it in a partnership between Manchester City owner Sheikh Mansour of Abu Dhabi and the New York Yankees. The new team will be called New York City FC and will begin play in 2015 as the league's 20th club.

According to Reuters, Sheikh Mansour, who has pumped hundreds of millions of pounds into Premier League club Man City since buying it in 2008, will be the "majority partner" in NYCFC while the Yankees will be an "active member of the ownership group." The new MLS club required a record $100 million franchise fee.

MLS's other New York club is owned by Austrian energy drink company Red Bull and play in a specially built three-year-old stadium in Harrison, NJ. The league has openly stated that they want to create a local rivalry for the New York Red Bulls with a new club based in one of New York City's five boroughs. Though that is still the plan, the club has been created before a proper home has been found.

From MLSsoccer.com:

In order to begin play in 2015, NYCFC will arrange for an interim venue but will also seek a permanent home in New York. The club says it will continue the discussions already under way with the City of New York, local residents, community and business leaders, and soccer leagues about a possible new stadium in Flushing Meadows Corona Park (FMCP) in Queens, while also continuing to look at other potential sites.

New York City FC will have a permanent home in the City in the great tradi! tions of New York sports and world soccer -- a home that must be a sports, commercial and civic success, Soriano said. But in considering any stadium site, we will listen first. This is what we have always done in Manchester and what we will do in New York. Only in this way, can the Club truly represent the City whose name it will carry.

The reborn New York Cosmos, who begin play in the second-division NASL later this year, were thought to be favorites to become MLS's second New York club for a while now. But when the combination of the Yankees' name and Man City's endless money came along, it blew the Cosmos out of the water.

There has been talk that Man City would use an MLS club as something of a feeder team for their Premier League squad sending young players and older cast-offs to America to develop and/or wallow until Man City decide what to do with them. Whether this type of set-up and relationship with a Premier League club is good for MLS remains to be seen, but the league's reputation as a developer of talent that can transition to the best leagues in the world has grown in recent years. But Man City have the resources to make NYCFC the biggest club in MLS (within its tight salary cap constraints, of course) and they say they plan on doing just that.

From MLSSoccer.com:

"Our first idea and our first objective is to bring to New York the best football club that we're able to produce," said Manchester City CEO Ferran Soriano. "And that means using all our expertise, our scouting network all over the world and also our players."

Soriano said that the club will bring to bear all its resources to ensure the club is successful.

"Obviously we're going to make extensive use of our resources and knowledge, not on! ly in Ma nchester but globally," Soriano said. "The teams are going to have synergies all over, from the sports point of view and commercial point of view. We're lucky the name is very similar and the teams might look similar, but this is something we'll be working on in the coming months."

You can already find NYCFC on Twitter and the club also has a website that features that same design and light-blue color as Man City's official website.

Surely by no coincidence, Man City are currently in New York, where they will a post-season friendly against Chelsea on Saturday at Yankee Stadium, of course.