Official release from Orlando City SC
The investment will be used for the club's share of a private/publicly funded multi-purpose soccer stadium in downtown Orlando and future acquisition of an MLS franchise.
"Every year, hundreds of thousands of Brazilians visit Orlando," said Silva. "It's our number one destination in the US and us Brazilians, besides being famous for our friendliness and willingness to buy at the outlets and malls; we are also a nation that loves soccer.
"More than that, we are a country of 200 million fanatics for soccer! It is a great honor that I now become a part of this vibrant soccer club, Orlando City, which is being built with boldness to make history in this country and will give much pride to this City."
Until last week, Flavio Augusto chaired the Ometz Group, with 16 holding companies, including the country's leading English language schools for adults, Wise Up (FIFA World Cup Sponsor). On February 7th, the Ometz Group was acquired by Abril Educacao, one of Brazil's largest media companies.
Today, Mr. da Silva still leads the Wise Up Group and is also the third largest shareholder in Abril Educacao. As part of the acquisition, Mr. da Silva will oversee the development of Abril Educacao operations around the world.