Indy Eleven adds seven owners to help $550m stadium push

MLS expansion hopefuls Indy Eleven is taking on seven new owners to help its efforts to build a $550m (€486m) mixed-use development that includes a 20,000-seater stadium.

The business and civic leaders join the club’s owner Ersal Ozdemir as shareholders in the USL Championship team and are being given the opportunity to invest in the proposed Eleven Park development.

Additional investors are expected to be announced in the coming months.