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League: MLSSport: SoccerCountry: United StatesCategory: Transactions

Jay Farner invests in Detroit City FC's stadium construction

Yahoo Sports • 1 min read • Latest: Jul 13, 2026, 1:01 PM

Last updated Jul 13, 2026

Jay Farner invests in Detroit City FC's stadium construction
Summary

Jay Farner, former CEO of Rocket Companies, has made a significant investment in Detroit City FC, announced on July 13, 2026. The investment is targeted at funding the construction of a new 15,000-seat stadium, AlumniFi Field, set to open in 2028. Farner’s involvement includes joining the board of directors for DCFC Holdings. This investment aligns with broader plans for a $200 million mixed-use development in the neighborhood. DCFC has already secured nearly 6,000 seat deposits for the new venue, with the project expected to generate numerous jobs for the local community.

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Key Details
  • •Farner's investment is the largest in DCFC's history.
  • •AlumniFi Field will replace the site of the former Southwest Detroit Hospital.
  • •The project is expected to create over 1,000 construction jobs.
  • •DCFC aims to provide affordable housing through the development.
  • •Stadium construction has faced delays due to environmental issues.
Latest Updates
  • 1:01 PMYahoo Sports — Jay Farner, former Rocket CEO, makes landmark investment in DCFC
What they're saying
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The investment will aid construction of DCFC’s new 15,000-seat stadium, among other things.

Related Teams & Leagues
New York City FCMLSSoccer

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