On Monday, May 18, Major League Soccer’s Los Angeles Football Club, announced its intent to build a new state-of-the-art soccer stadium in South Los Angeles, at the site of the Los Angeles Sports Arena. L.A. City Council President Herb Wesson was on-hand to help unveil the proposed project, which will bring $250 million in private investments to South Los Angeles. Speaking about plans for the new stadium Council President Wesson said, “soccer is enjoyed by billions of fans in over 200 countries worldwide, uniting people of all backgrounds around a common passion. The proposed sports complex will not only promote the same excitement in our diverse city, but also bring an infusion of private investment to South L.A.” The new development will bring $250 million in private investments to South L.A. and will be anchored by a new 22,000-seat soccer-specific venue. This opportunity will provide an economic boost for the community, not only by creating thousands of jobs, but also by creating new entertainment options for Angelenos and increased revenues for area businesses.