For the first time in recent memory, MLS is facing serious competition in USL. The league announced its intention to attain Division I status in 2027, with promotion-relegation to follow a year after. That was backed up by a financial commitment from private investment firm BellTower Partners last week.
USL CEO Alec Papadakis highlighted it as a potential inflection point in their growth.
"The investment underscores their confidence in, and alignment with, our vision for the future of the USL," he said. "It strengthens our ability to deliver on that promise by advancing top-tier Division One, introducing promotion and relegation, and aligning American soccer more closely with the global game.
"As we enter this next chapter, we have charted a bold course for the sport in the United States. With Kewsong [Lee]’s strategic perspective, operational acumen, and proven leadership, we gain an invaluable partner in the ongoing effort to bring that vision to life."