BMO Stadium Name Changed

Los Angeles FC’s home arena changed its name from Banc of California Stadium to BMO Stadium. BMO, which stands for Bank of Montreal, is a Canadian financial institution. BMO is moving into the U.S by proposing a takeover of the California-based Bank of the West. The Canadian financial firm also owns the naming rights to Toronto’s  FC’s home arena called BMO Field. They have also partnered up with CF Montréal, and Vancouver Whitecaps FC. According to ESPN, “The name change in Los Angeles has been brewing since 2020, when Banc of California backed out of its reported 15-year naming rights deal first signed in 2016.” The club and the bank didn’t mention a reason for the bank’s step back from the deal. LAFC won its first MLS Championship last fall against Philadelphia on penalty kicks to claim the MLS title. LAFC was awarded two Supporter’s Shield titles for having the best overall regular season record out of the MLS teams. BMO also  announced a partnership deal with Angel City. LAFC’s stadium first opened their gates in April 2018. According to LAFC, LAFC’s stadium has been sold out for every MLS regular-season and playoff match since its opening in 2018. The stadium is located next door to the Los Angeles Memorial Coliseum in Exposition Park.