Los Angeles Football Club
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| Full name | Los Angeles Football Club |
|---|---|
| Founded | October 30, 2014 |
| Stadium | Banc of California Stadium |
| Capacity | 22,000 |
| Owners |
List
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| Executive chairman | Peter Guber |
| League | Major League Soccer |
| Website | Club home page |
Los Angeles Football Club is an expansion franchise in Los Angeles that plans to begin play in Major League Soccer (MLS) starting in 2018. The team was announced in October 2014.
The ownership group is headed by venture capitalist Henry Nguyen, entrepreneur Peter Guber and former National Basketball Association executive Tom Penn. The ownership group also includes businessmen Ruben Gnanalingam and Vincent Tan. In addition, the club has a further 21 named investors including Magic Johnson, Nomar and Mia Hamm-Garciaparra, Chad Hurley, Tony Robbins and Will Ferrell.
John Thorrington was hired as executive vice president of soccer operations.
The ownership sought input from fans to decide the permanent name and logo. On November 7, 2014, Nguyen expressed a preference for the name Los Angeles Football Club being permanent, describing it as "timeless" and saying, "in the world, football means one thing. Maybe it speaks a little bit to our own vision and our own aspirations." On September 15, 2015, the club announced the placeholder name, Los Angeles Football Club, would be the official team name.
On May 17, 2015, the Los Angeles Times reported the team chose the Los Angeles Memorial Sports Arena site to build a 22,000-seat stadium in Exposition Park, costing $350 million, and having 140,000 square feet of open space. The group estimated the project would create 1,200 temporary construction jobs and 1,800 full-time jobs, generating $2.5 million in annual tax revenue. The environmental impact report, arena demolition and stadium construction are expected to take three years and delay the team's debut to 2018.
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