King Eric Takes the Throne at The New York Cosmos

Global Soccer Icon Eric Cantona Makes Groundbreaking Decision to Join the Legendary Club's Revival

NEW YORK, January 19, 2011 - As part of the revival of the world's most legendary soccer club, The New
York Cosmos today announced that iconic footballer Eric Cantona has been
persuaded to come back into the game as Director of Soccer with overall
responsibility for all soccer-related matters, which will include the
proposed first team.

Despite many attempts by numerous soccer clubs to lure the Manchester
United Player of the Century back into the limelight since leaving in 1997 -
until now, no one has been successful. Cantona's new role at The New York
Cosmos will see him exercising the innovative leadership and cutting-edge
creativity that he is known for, towards implementing the club's vision and
philosophy in all areas of soccer operations. This announcement comes on the
heels of the recent signing of Cobi Jones as his Associate Director of Soccer
and Ambassador. Together, Cantona and Jones will carry forth the club's
legacy and integrity while developing and attracting world-class soccer
talent from all areas of the globe.

Cantona has been credited with making a substantial contribution during
his time at Manchester United (1992-1997), which included four Premier League
Championships (1993, 1994, 1996, 1997). Today, Manchester United is the most
valuable club in the world (Forbes, April 2010).

Throughout Cantona's 14 years as a professional, he played in France for
Auxerre, Marseille, Bordeaux, Montpellier and Nimes. He later went to England
to play one season for Leeds United - winning a Championship during the
1991-1992 season - before joining Manchester United, where he would spend the
rest of his career until retiring in 1997.

"Three years ago, when I first had the idea of reviving The New York
Cosmos, I couldn't have dreamt that we'd be able to attract an icon the likes
of Eric Cantona," says Paul Kemsley, Chairman of The New York Cosmos. "It's a
personal thrill for me, as he was one of my heroes during the 1990's and is a
further endorsement to the tremendous global attraction and power that The
New York Cosmos carries. Our name already resonates throughout the world and
so will our football team."

Says Eric Cantona, "I am very honored to join the legendary club New York
Cosmos. It's a big project, a wonderful project. The Cosmos are very strong,
beautifully made, with a great past. It's kind of a mix between football and
art. I will do everything that I can to help us first find our way to regain
the #1 position in the United States, and then for us to become one of the
best clubs in the world over the coming years."

About The New York Cosmos: Under new passionate ownership, The New York
Cosmos continues its tradition of greatness for the next generation and vows
to maintain the same ethos that made The New York Cosmos the most celebrated
soccer club in the history of the United States. During its existence from
1971-1985, The New York Cosmos won five championships in the NASL (North
American Soccer League). Today, as part of its rebirth and with global soccer
legend and former Cosmos star Pele as the Honorary President, The New York
Cosmos will continue to inspire and develop world-class players and is
committed to helping improve the future of the sport in this country with
significant investment in grassroots and youth soccer. The club's ultimate
vision is to field a professional team to compete at the highest level,
bringing championships back to New York City. For more information, visit
www.newyorkcosmos.com.

PHOTOS AND VIDEO AVAILABLE UPON REQUEST

Theresa Tran, Director of Communications, ttt at newyorkcosmos.com, +1-212-369-7000