Richard Leibovitch

Philadelphia Union Announce Updates to Ownership Group

CHESTER, Pa. - Chairman and Majority Owner Jay Sugarman announced today two updates to the Philadelphia Union's ownership group. First, Richard Leibovitch, the founder of Arel Capital, has committed to acquire a majority of the stake currently held by an existing minority owner. "I am excited to welcome Richard to the ownership group as we continue to focus on building a strong and growing club," said Mr. Sugarman. "Richard... Full Story