Yankees Venture Into ... Soccer?
Team will be co-owners of an MLS squad in New York City
By John Johnson,  Newser Staff
Posted May 21, 2013 3:20 PM CDT
In this file photo, New York Yankees players stretch before a spring training exhibition game against the Orioles in Sarasota, Fla.   (AP Photo/Charlie Neibergall)

(Newser) – The Yankees are extending their reach into the world of soccer. The team will be co-owners of an MLS squad called the New York City Football Club expected to play its first game in 2015, reports the Guardian. The Yanks will own about a quarter of the club, with the English soccer team Manchester City controlling the rest. Manchester City itself is owned by a group led by a member of the royal family from Abu Dhabi, notes the New York Times. One major wrinkle to be ironed out: The team needs to find, or build, a home stadium. It's expected to play in Yankee Stadium for at least the first season.