D.C. United will announce Indonesian media mogul and the NBA's first Asian owner Eric Thohir as the MLS club's new majority investor Tuesday, according to the Washington Post.
D.C. has scheduled a news conference for Tuesday afternoon to introduce new members of the ownership group. Current investor Will Chang and team president Kevin Payne will attend.
Chang, who has been the lone investor of D.C. United for the past three years, will retain his stake in the club, according to the newspaper.
Thohir is part-owner of the NBA's Philadelphia 76ers and owns TV and radio stations, newspapers and magazines in Indonesia. He also has a stake in professional basketball in his native country.
D.C. has been looking to open a new stadium. The club has played in the run-down RFK Stadium since joining MLS as one of the 10 charter clubs in 1996.