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ORLANDO CITY-FRANCHISE RIGHTS
Orlando City SC sells minor league franchise as it prepares to enter MLS
Reported by: Associated Press
Reported: Wednesday, June 4, 2014 5:11 PM EDT
Orlando City Soccer Club has reached an agreement to relocate its minor league franchise rights to Louisville, Kentucky, following its entry into Major League Soccer next year.
Current Orlando City minority owner Wayne Estopinal is set to become the primary owner of the relocated franchise, while Orlando City will maintain a minority stake in the club.
In addition, the new Louisville club announced that current Orlando City player and coach James O'Connor will become its first head coach.