Real Salt Lake owner sells stake in soccer team to Utah real-estate developer

Real Salt Lake gains financial partner

SALT LAKE CITY — The owner of Real Salt Lake is selling a stake in the soccer team to a Utah real-estate developer.

Team owner Dave Checketts is praising his new partner, Dell Loy Hansen, for making a “bold” commitment.

Terms of the deal weren’t disclosed Wednesday. The Salt Lake Tribune says Hansen bought a 49 percent stake in the team.

RSL spokesman Trey Fitz-Gerald told The Associated Press that Checketts and Hansen are being referred to as co-owners and that the organization will not discuss specific figures or amounts.

Coach Jason Kreis has said the new capital can help RSL build a practice facility closer to its stadium in the Salt Lake City suburb of Sandy.

Checketts didn’t address any financial goals or strategy in a news release on Wednesday.

RSL will play the Los Angeles Galaxy for the Major League Soccer championship on Sunday in Seattle.