The MLS has awarded a new franchise to Los Angeles with an an ownership group led by entrepreneur Henry Nguyen, sports and entertainment leader Peter Guber, and sports veteran Tom Penn. 

The team will be called Los Angeles Football Club.

“We are thrilled to welcome Henry Nguyen, Peter Guber, Tom Penn and their owner partners to Major League Soccer,” said MLS Commissioner Don Garber.  “This visionary ownership group will chart a course that will further elevate the sport in this great city and, combined with a new state-of-the-art stadium, accelerate us down the path toward becoming one of the top soccer leagues in the world.”