LAFC restructure deal with Banc of California, will seek new naming-rights partner for stadium

Banc of California Stadium - empty stadium wide shot

LAFC announced Tuesday that they will be seeking a new naming-rights partner for their stadium, following a restructuring of their partnership with Banc of California.

The Black-and-Gold's home has been known as Banc of California Stadium since it opened ahead of their 2018 expansion season, but as part of Tuesday's announced restructuring the bank will eventually step away as the naming-rights partner for the stadium while staying on as the club's official banking partner.

“We are extremely proud of our relationship with Banc of California and all that we have built and accomplished together,” LAFC co-owner and president Tom Penn said. “We thank them for being our founding naming rights partner, helping us create something special and making Banc of California Stadium one of the best sports and entertainment experiences in Los Angeles. We are excited to continue working with Banc of California on our joint community initiatives, while also pursuing a new naming rights partner for the stadium.”