Los Angeles FC acquire 90% of historic Swiss side Grasshopper Zurich

The MLS franchise expands its portfolio and becomes the new majority shareholder of Swiss Super League side Grasshopper Club Zürich.

Víctor Martín J.VictorMartJimPaul Reidypaulreidy67Update: Jan 22nd, 2024 08:06 EST

The ownership group behind MLS giants Los Angeles FC have added a new professional club to their portfolio after they acquired 90% of Grasshopper Club Zurich, one of the most successful clubs in the history of Swiss football. The group of almost 30 investors that owns LAFC has announced the acquisition of 90% of the rights of the Zurich based outfit with the current owners retain a smaller holding share in the club. No details relating to the economic aspect of the deal have been released.

GC Zürich wird Teil der globalen Vision des @LAFC 🤝ℹ️ Der Grasshopper Club Zürich ist heute eine langfristige strategische Partnerschaft mit dem Los Angeles Football Club eingegangen.#gc #zürich #traditionsclub

— Grasshopper Club Zürich (@gc_zuerich) January 17, 2024

The visible face of the Swiss club’s management so far has been Jenny Wang, wife of Guo Guang Chang, a powerful Chinese businessman and founder of Fosun International, a business conglomerate that has more than 87 different entities, including Premier League club Wolverhampton Wanderers.

Full screen

Grasshopper CZ

The investor owners of Los Angeles FC now add the oldest club in Swiss football and 27-time league winners to their assets after the recent purchase (in 2023) of FC Wacker Innsbruck, with the side currently in the Austrian second division.

Los Angeles FC’s ambitions