Matthew McConaughey becomes a part owner of Austin FC

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Matthew McConaughey becomes a part owner of Austin FC

The Austin FC Major League Soccer club expands its ownership to include Austin business and community leaders and an oscar-winning actor. Matthew McConaughey is now one of the minority owners of the Major League Soccer team.

At an Austin FC press confrence Friday Morning McConaughey explained, its about growing something with staying power. "This is about legacy for me. I'm at a time in my life where, I don't want to spend time or investments or money on things that I don't look forward to dealing with on Monday morning." He added, its also an investment in the city's future and all children's future.

Officials also announced McConaughey is now the team's Minister of Culture, something the famed Austin Actor explained as, aligning vales and bridging relationships, he believes there is alot of opportunity for this team and its fans to represent the city ands its diverse culture and also reach out to the University of Texas and work together.

When the subject of team rivals came up, McConaughey pitched an idea of reviving a 2005 rivalry with Los Angeles, "There's a guy out west affiliated with LA FC named Will Farrell, now we already got together on a rivalry in 2005, remember the USC Texas game? So lets kick that back up with Ausitn FC and LA FC (someone in the crowd says hook 'em)...Hook Em."

Other new owners include Eddie Margain of PIXIU Investments, Marius Hass of Dell Technologies and Parsley Energy founder Bryan Sheffield. The team's Anthony Precourt explained he is still the majority owner but welcomes the new team of investors to the table.

(Photo:Newsradio KLBJ 590am/99.7fm/Jon Cooley)

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