Field Level Media
30 May 2026, 02:35 GMT+10
(Photo credit: Samantha Madar/Columbus Dispatch / USA TODAY NETWORK via Imagn Images)
Nationwide Mutual Insurance has agreed to a deal to purchase a 37% stake in ownership of the Columbus Crew, according to multiple media reports.
The deal was reportedly made at a valuation of $900 million. It still needs to be approved by MLS' board of governors and is set to be finalized in the next few weeks.
Nationwide is buying 30% of the stake from Haslem Sports Group and 7% from the Edwards family. The Haslems, who also own the Cleveland Browns, were awarded an expansion NWSL team in Columbus last month for what was reported to be a record $205 million fee.
Nationwide and the Edwards family are also in the NWSL ownership group.
The Haslem and Edwards families took over operation of the Crew from MLS in 2018 for $150 million. Even with selling 30%, the Haslems will remain the majority owners with 40% of the ownership stake.
The reported club valuation for Columbus is a bit higher than a few other recent MLS franchise sales. Real Salt Lake and the NWSL's Utah Royals were sold last year for just under $600 million, and Sporting Kansas City's majority ownership stake was sold earlier this year at a valuation of $700 million.
--Field Level Media
Get a daily dose of Mexico Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Mexico Star.
More InformationZURICH/HONG KONG: Hong Kong has surpassed Switzerland to become the world's largest center for cross-border wealth management, driven...
(Photo credit: Samantha Madar/Columbus Dispatch / USA TODAY NETWORK via Imagn Images) Nationwide Mutual Insurance has agreed to a...
New Delhi [India], May 29 (ANI): Amid the intense summer heat, world champion powerlifter Mahant Gaurav Sharma marked his birthday...
Washington DC [US], May 29 (ANI): In a development that could reshape West Asia's security landscape, US President Donald Trump announced...
Pune (Maharashtra) [India], May 29 (ANI): Pune City Police on Friday registered an FIR in connection with the suspected illicit liquor...
Patna (Bihar) [India], May 29 (ANI): Bihar Chief Minister Samrat Choudhary on Friday expressed profound grief over the loss of seven...
DUBAI, U.A.E.: The U.S. military said on May 28 that Iran broke a fragile ceasefire after Kuwait reported being attacked following...
VIENTIANE, Laos: Five people who were trapped inside a cave in Laos for about a week were found alive on May 27. Rescue teams from...
BERLIN, Germany: A man suspected of helping a convicted attacker carry out a stabbing at Berlin's Holocaust Memorial was arrested in...
Washington's relationship with Russia appears likely to continue its decades-long decline, with U.S. Secretary of State Marco Rubio...
LISBON, Portugal: Portuguese police said on May 26 that they have broken up a criminal group that was illegally helping about 4,000...
BEIJING, China: An early investigation into China's worst mining disaster in more than 15 years has found hidden tunnels, missing...
