New York City FC's $780 million, 25,000-seat venue that it intends to open next to the New York Mets' Citi Field in 2027 will be named Etihad Park under a 20-year agreement announced Thursday with Etihad Airways, the national airline of the United Arab Emirates.
The Major League Soccer team's controlling owner is City Football Group, the parent company of England's Manchester City. The Premier League team's venue was renamed Etihad Stadium in July 2011.
NYCFC president Brad Sims said revenue from the deal will go to the MLS team and not the parent company or English club, which is under investigation by the Premier League for alleged violations of financial fair play rules.