Main League Soccer (MLS) discovered its subsequent commissioner in LAFC co-owner Larry Berg, which was introduced on Monday.
The transfer got here after MLS homeowners voted on their subsequent commissioner in New York on Monday. Don Garber is MLS’ lively commissioner, a job he has held since 1999. However the league has been in search of Garber’s alternative after his contract expires in 2027, and finally settled on Berg.
Larry Berg speaks at Sportico Make investments West held on the Intuit Dome. Sportico through Getty Photographs
Berg was one in every of two finalists for the position, with the opposite being former Fox govt David Nathanson. He joined LAFC as a restricted accomplice in 2014, grew to become a managing proprietor in two years later, after which rose to be the franchise’s lead managing proprietor.
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Within the wake of this information, one of many first questions that got here to thoughts was whether or not Berg could be allowed to stay as a co-owner of LAFC, as that appeared to represent a battle of curiosity along with his present position. However Alex Silverman of Sports activities Enterprise Journal reported on Monday that Berg is predicted to be required to divest his stake within the staff, which is at present valued at over $1 billion and has been some of the profitable franchises in league historical past.
Larry Berg celebrates after a LAFC recreation. Getty Photographs for USSF
Berg served as a senior accomplice at Apollo World Administration for 30 years, starting in 1992. He then joined funding agency 26North as a accomplice in 2023, displaying that his background is extra within the enterprise world than the realm sports activities, outdoors of his LAFC possession.
There hasn’t been an official remark from Berg on his new position.