Los Angeles Football Club is owned by LAFC ownership group including Larry Berg and Magic Johnson. The ownership group has been instrumental in shaping the club's identity and direction since the team's founding. MLS operates under a single-entity structure, meaning the league itself holds the teams' contracts and player rights, but individual ownership groups manage day-to-day operations, stadium deals, and local business development.
Ownership stability is a key factor in MLS franchise success, and LAFC's ownership has invested in both on-field talent and community engagement to grow the club's fanbase in Los Angeles.