FC Bayern Munich: creation of "Red&Gold Football", a joint venture with Los Angeles FC (MLS)

FC Bayern Munich (Bundesliga) and Los Angeles FC (MLS) "have set up a joint venture (Red&Gold Football) based in Munich (GER) to cooperate in the development of young talent," announced both clubs on 13/03/2023.

"A partnership of this magnitude is the next step in our evolution as a club. We are extremely excited to work together with FC Bayern to identify and develop young talent in Southern California and beyond and believe this relationship will provide players throughout our systems the ability to maximize their potential and see a clear pathway to first team football," said John Thorrington, co-president and general manager of the defending MLS champions. 

"We see this partnership as an opportunity to strengthen FC Bayern in the sporting competition with the best clubs in Europe and the Bundesliga. The fact that the 2026 World Cup will largely take place in the USA, where we already have an office in New York, makes Los Angeles even more attractive. I expect a boost in quality and young talent in Major League Soccer, which will have a positive impact on our partnership," said…