The Bank of Montreal (BMO) invested in California by naming the stadium of Los Angeles FC (LAFC) in Major League Soccer (MLS) which was previously called the Banc of California Stadium. « [BMO] is also a partner who has extensive experience in sports partnership, not only in MLS, but also in the NBA and the National Hockey League. The Banc of California paid a penalty of $20 million to withdraw from the agreement in 2020. BMO, which is also a partner of CF Montreal and Toronto FC, has a significant presence in California. The BMO Stadium will be the scene of a first clash on January 25, when the Serbian men’s national team will visit that of the American formation.

Source: Forbes January 21, 2023 14:56 UTC