Austin FC in the present day introduced the addition of FirstTracks Sports to the Club’s possession group, thus marking the profitable completion of the deliberate fairness increase which was finalized in 12 months.
FirstTracks Sports Ventures, which is managed by Jon-Erik Borgen, acquires a non-controlling, minority stake within the Club and joins Jenny Just, Matt Hulsizer, Tench Coxe, Tanuj Gulati, and Dave Snyderman as new members of the possession group in 2025.
Austin FC Founder, CEO, and Majority Owner Anthony Precourt, collectively together with his household, retains majority possession management of the Club. Each further member of the unique funding group together with co-founder Eduardo Margain, Marius Haas, Bryan Sheffield, Matthew McConaughey, David Kahn, and Toby Neugebauer stay as house owners as effectively.
Jon-Erik Borgen is the Managing Director of FirstTracks Sports Ventures, a specialised funding group operated alongside his siblings Kaia and Randi Borgen. FirstTracks Sports Ventures can be a founding proprietor of Denver Summit FC, the primary skilled girls’s sports activities workforce in Colorado and the 16th franchise of the National Women’s Soccer League.
Jon-Erik Borgen can be the President and CEO of Borgen Investment Group, a Denver-based single-family asset administration agency targeted on public equities and direct investments. He serves on a number of group and nonprofit boards within the Rocky Mountain and Denver Metro areas.