FC United

Overview

FC United is a youth soccer club in Cedar Rapids, Iowa, founded in 2002. The primary competitive club in eastern Iowa, emphasizing player development with technically sound and tactically proficient players.

Facilities

• Indoor facility and complex at 8610 Milburn Rd NE, Cedar Rapids, IA 52402
• Indoor facility is a significant asset in Iowa’s climate

League Affiliations

• ecnl-rl Boys/Girls (Heartland Division, U13-U19)

Investment Thesis

Independent eastern Iowa club with indoor facility and ECNL-RL membership. Could complement a central Iowa (Des Moines) acquisition to create statewide coverage. Small club in a small market but has facility ownership as a differentiator.

Open Questions

• What is FC United’s revenue?
• Does FC United own or lease its indoor facility?
• What is the player count?
• Is the ECNL-RL a pathway to full ECNL membership?