live press conference is starting now: LIVE: MLS Press Conference | New Los Angeles Club
Website: http://www.lafc.com/
The Ownership Group:
Stadium?
History:
- The LA Galaxy, one of the original 10 MLS teams from the 1996 inaugural season, are one of the most successful teams in American soccer.
- In 2005, a struggling MLS added two teams, one in LA and one in Salt Lake City, to go from 10 to 12 teams.
- The LA franchise was purchased by Chivas Guadalajara owner Jorge Vergara. The expansion fee was just $7.5 million (the original teams payed $5 million in 94). The new team was named Chivas USA and played their home games at the LA Galaxy's home stadium in Carson.
- In 2012, with MLS up to 19 teams, Forbes' valuation of Chivas USA was $64 million, the lowest in the league. For comparison, the LA Galaxy were second at $170 million.
- In early 2014, MLS bought Chivas USA from Vergara for approximately $70 million.
- The league ran the team in the 2014 season, without replacing the problematic Chivas branding. Average attendance for Chivas continued to decline, down to 7,000 per game (the league average was over 19,000 in 2014).
- The league disbanded the team once the season was over. The players will be sent to other teams via a dispersal draft.
- Reports indicate that the expansion fee for this new LA team will be approximately $100 million, and they will look to build their own stadium and begin playing in 2017.
Website: http://www.lafc.com/
The Ownership Group:
Executive Chairman: Henry Nguyen (VC/Entrepreneur)
President: Tom Penn (ESPN NBA Analyst, former VP of Basketball Operations of Portland Trailblazers)
Managing Partner: Peter Guber (Entrepreneur, co-owner of the Golden State Warriors and Dodgers)
Allen Shapiro (CEO of Dick Clark Productions and managing partner of Mosaic Media Investment Partners)
Anthony Robbins (life and business strategist, best-selling author, entrepreneur and philanthropist)
Bennet Rosenthal (co-founder and senior partner of Ares Management and a co-owner of AS Roma)
Brandon Schneider (VP of Ticket Sales and Services for Golden State Warriors)
Chad Hurley (co-founder and former CEO of YouTube and the founder and CEO of MixBit)
Harry Tsao (VC/Entrepreneur)
Irwin Raij (Partner & business lawyer focused on sports)
Jason Sugarman (unknown)
Kirk Lacob (Assistant GM, Golden State Warriors)
Larry Berg (senior partner at Apollo Global Management and a co-owner of AS Roma)
Magic Johnson (former Los Angeles Lakers star, Chairman and CEO of Magic Johnson Enterprises and an owner of the Los Angeles Dodgers)
Mia Hamm Garciaparra (U.S. womens soccer great)
Mike Mahan (President, Dick Clark Productions)
Mark Leschly (VC)
Nomar Garciaparra (former Major League Baseball star and SportsNet LA baseball analyst)
Paul Schaeffer (Vice-chairman, Mandalay Pictures)
Rick Welts (President and COO of the Golden State Warriors Basketball Club)
Ruben Gnanaligam (Malaysian Businessman, co-owner of the English Premier Leagues Queens Park Ranger)
Vincent Tan (Malaysian Businessman, owner of the Football League Championships Cardiff City and FK Sarajevo of the Premier League of Bosnia and Herzegovina)
"A few additional prominent owners are expected to be added to this list shortly."
Stadium?
The Search
Were building a world-class stadiumfrom the ground upthat will define American soccer and Greater Los Angeles. Were seeking the perfect location for a soccer-specific stadium that will be a hub of diversity and culture. A stadium that blends into the community yet creates a unique experience for our fans. A location that becomes a destination and a pitch that feels like its your new home.
History:
- The LA Galaxy, one of the original 10 MLS teams from the 1996 inaugural season, are one of the most successful teams in American soccer.
- In 2005, a struggling MLS added two teams, one in LA and one in Salt Lake City, to go from 10 to 12 teams.
- The LA franchise was purchased by Chivas Guadalajara owner Jorge Vergara. The expansion fee was just $7.5 million (the original teams payed $5 million in 94). The new team was named Chivas USA and played their home games at the LA Galaxy's home stadium in Carson.
- In 2012, with MLS up to 19 teams, Forbes' valuation of Chivas USA was $64 million, the lowest in the league. For comparison, the LA Galaxy were second at $170 million.
- In early 2014, MLS bought Chivas USA from Vergara for approximately $70 million.
- The league ran the team in the 2014 season, without replacing the problematic Chivas branding. Average attendance for Chivas continued to decline, down to 7,000 per game (the league average was over 19,000 in 2014).
- The league disbanded the team once the season was over. The players will be sent to other teams via a dispersal draft.
- Reports indicate that the expansion fee for this new LA team will be approximately $100 million, and they will look to build their own stadium and begin playing in 2017.