Man City and Yankees partner in new MLS franchise in the Big Apple

Story highlights

  • New York City FC to become 20th club in Major League Soccer
  • EPL Manchester City and MLB giants New York Yankees to partner in franchise
  • Abu-Dhabi owned Man City will be majority owner
  • Club hope to enter the MLS in 2015

Two of the richest organizations in sport announced Tuesday that they have partnered to buy a Major League Soccer franchise in New York.

English Premier League side Manchester City will be the majority owner with MLB giants New York Yankees also claiming a stake in the team -- which will be named New York City FC (NYCFC).

The MLS currently has 19 clubs -- including the New York Bulls -- with NYCFC looking to join the league for the 2015 season.

"This is a transformational development that will elevate the league to new heights in this country," said MLS Commissioner Don Garber.

Beckham says goodbye to soccer
Beckham says goodbye to soccer

    JUST WATCHED

    Beckham says goodbye to soccer

MUST WATCH

Beckham says goodbye to soccer 01:03
PLAY VIDEO
UAE reacts to Mancini's sacking
UAE reacts to Mancini's sacking

    JUST WATCHED

    UAE reacts to Mancini's sacking

MUST WATCH

UAE reacts to Mancini's sacking 02:55
PLAY VIDEO
CNN FC: Beckham retires
CNN FC: Beckham retires

    JUST WATCHED

    CNN FC: Beckham retires

MUST WATCH

CNN FC: Beckham retires 23:51
PLAY VIDEO
David Beckham's U.S. soccer legacy
David Beckham's U.S. soccer legacy

    JUST WATCHED

    David Beckham's U.S. soccer legacy

MUST WATCH

David Beckham's U.S. soccer legacy 01:44
PLAY VIDEO
Obama shows off soccer talent
Obama shows off soccer talent

    JUST WATCHED

    Obama shows off soccer talent

MUST WATCH

Obama shows off soccer talent 00:53
PLAY VIDEO
How sports helped people heal from 9/11
How sports helped people heal from 9/11

    JUST WATCHED

    How sports helped people heal from 9/11

MUST WATCH

How sports helped people heal from 9/11 04:20
PLAY VIDEO

"The New York area is home to more than 19 million people -- and we look forward to an intense crosstown rivalry between New York City Football Club and the New York Red Bulls that will captivate this great city," he added.

Abu-Dhabi owned Manchester City will take the lead on recruiting the management team, staff and players for the new franchise, which will be on the hunt for a permanent home in the Big Apple -- with the Flushing Meadows area of Queens identified as a possible location.

"New York is a legendary sports town, as well as a thriving global city with a rapidly expanding soccer fan-base," Ferran Soriano, the Chief Executive Officer of Manchester City said.

Read: LA Galaxy claim second straight title as Beckham departs

City, who saw their own cross city rivals Manchester United wrest the EPL title from them this season, have already expanded their activities in the United States by setting up community programs in New York, Chicago, Los Angeles and Washington D.C.

They have an existing marketing deal with 27-time World Series champion Yankees and the Manchester City squad will be in New York to play a friendly against fellow EPL giants Chelsea at the Yankee Stadium Saturday.

"We are pleased to be associated with this major move by MLS to increase its presence in the New York market," said Hal Steinbrenner, managing general partner of the Yankees.

Steinbrenner said they wanted to work with City to "create something very special for the soccer fans of New York."

The Red Bulls, who are owned by the soft drinks company bearing that name, have recruited the likes of former Arsenal, Barcelona and French international star Thierry Henry and have a growing fan base.

Watch video: Henry enjoys life at the Bulls

They have a purpose built stadium in New Jersey, while the New York Cosmos have also reformed and will join the second-tier of the MLS later this year.

In the 1970s the Cosmos boasted a legendary line-up which included Brazil's Pele and former German international captain Franz Beckenbauer.

They even played for two seasons at the Yankee Stadium but they folded in 1984 -- the same year the then North American Soccer League (NASL) collapsed.

Since the formation of the MLS in 1996, football has enjoyed steady growth in the United States -- boosted by the arrival of David Beckham to Los Angeles Galaxy in 2007.

Beckham, who helped Galaxy to the MLS championship for the past two seasons, retired after a brief spell with Paris Saint-Germain and is reported to want to set up his own franchise in the league.

      Football Focus

    • French football great bids adieu

      After 20 years, more than 300 goals and a host of major honors, Thierry Henry has called time on his glittering football career.
    • Mario's 'Queen' tweet tops 2014 list

      He might be struggling to score goals for Liverpool, but Mario Balotelli's cheeky tweet about the British monarch hit the spot during the World Cup.
    • bpr south african soccor senzo meyiwa death _00000402.jpg

      Loss of a South African 'icon'

      Football world mourns South African captain Senzo Meyiwa who was shot and killed during a botched robbery in a township near Johannesburg.
    • German alleged jihadist Kreshnik B (R) listens to his lawyer Mutlu Guenal (L) as he arrives at the higher regional court in Frankfurt. His face is pixelated for legal reasons.

      From Jewish football to ISIS suspect

      Once part of Germany's largest Jewish sports club, now he's the first ISIS suspect to stand trial in a country left shocked by his alleged radicalization.
    • Where has 'Super' Mario gone?

      One goal in eight matches for new club Liverpool, and dumped by the Italian national team -- Mario Balotelli has yet to shine on his English return.
    • Ched Evans smiles during the Wales training session ahead of their UEFA EURO 2012 qualifier against England on March 25, 2011 in Cardiff, Wales.

      Should rapist return to work?

      Should a convicted rapist, who has served their time in prison, be allowed to resume their old job? What if that job was as a high-profile football player?
    • Teen, 15, makes Euro history

      Norwegian 15-year-old Martin Odegaard is the youngest player ever to feature in a European Championships qualifying match.