Ted Segal, a financial backer and financial specialist, completed the acquisition of a majority stake in Houston Dynamo, a Major League Soccer team. Financial terms were not disclosed. “As someone with a lifelong passion for soccer, having the opportunity to invest in professional soccer in Houston – a dynamic, diverse and growing city with such a storied history in professional sports is truly exciting. The interest and passion for soccer in Houston are clear. The Dynamo and Dash have incredibly devoted fans that have supported championship clubs, Houston is a go-to destination for hosting major international soccer games, and there’s a great group of leaders making a strong case for Houston to deservedly serve as a host city for the 2026 FIFA World Cup. I am honored to join the Club and its great supporters as the sport continues to ascend in the region and throughout the United States,” Ted Segal.