Austin FC is owned by Two Oak Ventures, led by Anthony Precourt. The ownership group has been instrumental in shaping the club's identity and direction since the team's founding. MLS operates under a single-entity structure, meaning the league itself holds the teams' contracts and player rights, but individual ownership groups manage day-to-day operations, stadium deals, and local business development.
Ownership stability is a key factor in MLS franchise success, and Austin FC's ownership has invested in both on-field talent and community engagement to grow the club's fanbase in Austin.