FC Bayern Munich: acquisition of a majority stake in RC Montevideo (URU) via Red&Gold Football
Red&Gold Football, a joint venture between FC Bayern Munich (Bundesliga) and Los Angeles FC (MLS) created in March 2023, has become the majority shareholder of Racing Club de Montevideo (Uruguayan 1st division), announced all parties on 14/12/2023.
"The management of RC Montevideo will retain a minority stake in the club and stay with Racing in...