Owners have grand plans for new MLS club in L.A.

Major League Soccer’s new franchise in Los Angeles has no official name, colors, logo or stadium just yet. What the club has are deep-pocketed owners with boundless ambition and plans to build a soccer-specific arena for a passionate fan base before it joins the league in 2017. The ownership group behind the tentatively named Los Angeles Football Club held its first public event Thursday at a Hollywood studio, revealing a diverse lineup of investors. Business mogul Henry Nguyen (pictured) is the managing partner, while Malaysian billionaire Vincent Tan is a key director. Film producer Peter Guber has a prominent role, and ESPN basketball analyst Tom Penn will be the club’s president. LAFC has no ties to Chivas USA, which was folded by MLS this week. – Associated Press