FOX 26 Sports has learned Houston Rockets owner Leslie Alexander is in negotiations to purchase the Houston Dynamo franchise.
Major League Soccer sources told FOX 26 Sports Alexander is in the process of buying out the three partners who currently own the Dynamo.
They are Anschutz Entertainment Group (50 percent), former boxing great Oscar de la Hoya (25 percent) and Los Angeles businessman Gabriel Brener (25 per cent).
The transaction, if consumated, will also transfer control of BBVA Compass Stadium to Alexander.
Houston Rockets and AEG officials were not available for comment.
In November MLS Commissioner Don Garber told FOX 26 Sports that he was hopeful AEG, which also owns the Los Angeles Galaxy, would sell its controlling interest in the Dynamo at some point to local ownership.
Alexander would certainly bring that to the Dynamo.
"The Houston Dynamo is partially owned by Anschutz Entertainment Group," said Garber in an interview with FOX 26 on Nov. 20. "They've got a very, very passionate and committed partner in Gabriel Brener and Oscar de la Hoya. It's a model that we hope to continue to evolve over the years.
"I think at some point I'm sure we'll go to market and try to see if we can get somebody locally in Houston to buy out (AEG owner) Phil Anschutz's investment in the club and I think that will be a positive thing. It'll be the last, or almost the last, multi-team ownership that we have in Major League Soccer."
Also on Nov. 20 AEG president and CEO Tim Leiweke responded to the commissioner's stance by acknowledging that his company has been asked to sell its controlling interest in the Dynamo to local ownership.
"The commissioner has come to us and we understand the conflict, and Mr. Anschutz and AEG understand, at some point or another we do have to turn this over to a local owner and not have the conflict like we had (in the MLS Cup.)," Leiweke said then.
Last season the Galaxy beat the Dynamo to win the MLS championship.
One month later Leiweke expanded on the issues caused by two MLS franchises run by one owner.
"We know the commissioner would prefer that we sell our interest and get out of the conflict," Leiweke said on Dec. 14. "That was an uneasy day for us to have both our teams out there playing.
"This team (Dynamo) needs local ownership. We get that."
Leiweke said at the time AEG would actively pursue selling its interest in the Dynamo franchise after the team's new home, BBVA Compass Stadium opened, which it did in May.