Tonka Fusion Elite

Overview

Joint venture between Tonka United SA (Wayzata) and Fusion Soccer Club (Plymouth), launched in June 2017. Operates elite-level competitive teams in MLS Next Academy Division (boys) and Girls Academy (girls). Serves the west metro Twin Cities area including Plymouth, Wayzata, Minnetonka, and Edina. (MEDIUM)

League Affiliations

• MLS Next Academy Division (boys)
• Girls Academy (girls)
• Elite Academy League (EA)

Investment Thesis

The TFE structure is strategically important. Acquiring Tonka United or Fusion SC alone may not transfer TFE pathway access. Understanding the legal structure of this JV is critical to any west metro acquisition strategy.

Open Questions

• What is the legal entity structure? Separate nonprofit, LLC, or informal partnership?
• Does TFE file its own 990 or does revenue flow through parent clubs?
• How are coaching, facilities, and costs shared between Tonka United and Fusion SC?
• What is the player count at the TFE level?