logo
KC Current owners Angie and Chris Long expand to multi-club model, purchasing Danish club HB Koge

KC Current owners Angie and Chris Long expand to multi-club model, purchasing Danish club HB Koge

New York Times27-05-2025

Kansas City Current owners Angie and Chris Long are expanding their global soccer footprint, acquiring HB Køge Women, a top-flight Danish women's soccer club competing in the country's highest division. The Longs made the purchase through their investment firm, Ballard Capital.
The Longs worked with the seller, George Altirs, and his team at Capelli Sport to separate the women's team from the men's side, allowing them to buy only the women's club. Washington Spirit owner Michele Kang did the same with French women's club OL Lyonnes in 2023, as did Chelsea when it sold its women's team to sister company BlueCo earlier this year.
Advertisement
The Longs did not set out to build a multi-club organization when they invested in Kansas City Current, but those plans have changed.
'We were looking for a place where we can integrate with the community and build this together,' Angie Long told The Athletic. 'It is something that we've loved about what we've done in Kansas City, and finding a location where we felt we could attract and develop talent was really important. Denmark, and Køge especially, we think really offer that opportunity.'
Founded in 2009 through the merger of KøgeBøldklub and Herfølge Bøldklub to become HB Køge Pigefodbold, the club won the championships three straight seasons from 2021 to 2023. The club also competed in the UEFA Women's Champions League during that time.
HB Køge plays its home matches at the Køge Stadium, which it shares with the men's side. The stadium is currently under renovation, paid for by the previous owners.
With the investment from the Longs, the club is planning to build a women's youth soccer academy in Scandinavia. The couple is also planning to make a significant investment in the business side to build franchise value over time.
'We think there are so many opportunities to elevate the community and the team to continue to compete at a really high level on the football side,' Chris Long said.
The amount of the investment was not disclosed, but a Current spokesperson told The Athletic the deal represents one of the most significant women's sports transactions in Denmark history.
The Longs became interested in owning a women's soccer team after the 2019 FIFA Women's World Cup. A little over a year later, they teamed up with former soccer player Brittany Mahomes and her husband, NFL quarterback Patrick Mahomes, to make their vision come true.
The group announced they had purchased the Utah Royals FC from Dell Loy Hansen and moved the NWSL club back to Kansas City. The team began play in the 2021 season and rebranded as the Kansas City Current in 2022. The following year, the Longs funded the construction of a $120 million venue, CPKC Stadium, which opened in 2024. The Current is the most financially successful team in the league with $36.3 million in revenue, according to Sportico's latest valuations. Last month, the Longs broke ground on a $1 billion mixed-use development on land adjacent to the stadium that will include about 2 million square feet of retail, office and residential space.
In addition to their recent investment in Denmark, the Longs are actively looking to expand their presence in women's soccer through the acquisition of additional clubs.
'We've been very active looking across geographies already for the better part of 15-18 months to find incredible soccer and the ability to impact the community and drive beyond business improvement,' Chris Long said.
'But it's important to us that we do it right,' Angie Long added. 'We do it with excellence. And I think this offers an opportunity to learn how to first become a multi-club model, and then to really build on it.'
(Top photo of Angie and Chris Long: HB Koge)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fairphone 6's modular design could let you customize, not just repair
Fairphone 6's modular design could let you customize, not just repair

Android Authority

time20 minutes ago

  • Android Authority

Fairphone 6's modular design could let you customize, not just repair

Damien Wilde / Android Authority TL;DR Fairphone could launch its next phone, the Fairphone 6, later this month. The device may feature a modular back panel, allowing users to easily switch to a different back panel color or add accessories. The Fairphone 6 could come in three colors and retail for €549.99. It's been almost two years since Dutch smartphone maker Fairphone released the Fairphone 5, and a successor is long overdue. Fortunately, there's finally some good news. A new leak suggests that the Fairphone 6 may be right around the corner, and it could feature an updated modular design with support for interchangeable accessories. The Fairphone 6 could launch on June 25, according to retail data sourced by Dutch publication Nieuwe Mobiel. The device will reportedly be available in a single 8GB RAM and 256GB storage configuration, with WinFuture adding that Fairphone will offer it in three colors: Horizon Black, Cloud White, and Forest Green. Although we don't have more details about the Fairphone 6's internal hardware, WinFuture has shared an image of its front profile and revealed that it could feature a modular two-part back panel. This new back panel could be somewhat similar to what we've seen on the CMF Phone 1, and allow users to easily switch to a different color back panel or utilize its two-part design to give the phone a dual-tone look. The modular back panel will also support accessories like a card holder, a lanyard, or a ring to make holding the device easier. We don't have a clear idea of the mounting mechanism for these accessories, as the image doesn't showcase the phone's back panel. However, it does give us a look at what appears to be a sliding latch, which might allow users to open the back panel easily. Furthermore, the publication adds that the Fairphone 6 will feature a user-replaceable main, wide-angle, and selfie cameras. Like the Fairphone 5, its earpiece, speaker, USB-C port, display, and battery will also be interchangeable. Fairphone could retail the phone for €549.99 (~$629), but we'll have to wait until the launch for confirmation. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.

ECB Cuts Cycle Coming to an End: Evening Briefing Europe
ECB Cuts Cycle Coming to an End: Evening Briefing Europe

Bloomberg

time25 minutes ago

  • Bloomberg

ECB Cuts Cycle Coming to an End: Evening Briefing Europe

The European Central Bank cut rates by a quarter-point to 2% today – the eighth cut in a year – in line with forecasts from analysts surveyed by Bloomberg. On announcing the cut, ECB President Christine Lagarde said that the bank is coming to the end of its reductions cycle, with inflation currently below its 2% target for the first time in eight months and only the second since 2021. 'We are getting to the end of a monetary-policy cycle that was responding to compounded shocks — including Covid, the illegitimate war in Ukraine and the energy crisis,' Lagarde told reporters in Frankfurt. One unknown remains: US President Donald Trump's trade policy going forward, which still risks inflation shocks. Talks between the US and the European Union over tariffs are due to finish next week.

Trump Seeks to Boost Energy Exports in Talks With Merz on Trade
Trump Seeks to Boost Energy Exports in Talks With Merz on Trade

Bloomberg

time30 minutes ago

  • Bloomberg

Trump Seeks to Boost Energy Exports in Talks With Merz on Trade

US President Donald Trump said he would discuss a potential trade deal with the European Union with visiting German Chancellor Friedrich Merz, adding that he hoped to use an agreement to boost US energy exports. 'We'll have a good trade deal. I mean, I guess that will be mostly determined by the European Union, but you're a very big part of that,' Trump said as he welcomed the leader of Europe's largest economy to the White House on Thursday.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store