SALT LAKE CITY (AP) - The owner of Real Salt Lake is selling a stake in the soccer team to a Utah real-estate developer.
Team owner Dave Checketts is praising his new partner, Dell Loy Hansen, for making a ``bold'' commitment.
Terms of the deal weren't disclosed Wednesday. The Salt Lake Tribune says Hansen bought a 49 percent stake in the team.
RSL spokesman Trey Fitz-Gerald told The Associated Press that Checketts and Hansen are being referred to as co-owners and that the organization will not discuss specific figures or amounts.
Coach Jason Kreis has said the new capital can help RSL build a practice facility closer to its stadium in the Salt Lake City suburb of Sandy.
Checketts didn't address any financial goals or strategy in a news release on Wednesday.
RSL will play the Los Angeles Galaxy for the Major League Soccer championship on Sunday in Seattle.
