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Sport: SoccerCountry: United StatesCategory: Trades

Juan Domingo Beckmann acquires ownership stake in Los Angeles Football Club

Yahoo Sports • 1 min read • Latest: Aug 7, 2026, 6:32 PM

Last updated Aug 7, 2026

Juan Domingo Beckmann acquires ownership stake in Los Angeles Football Club
Summary

Juan Domingo Beckmann, CEO of Jose Cuervo, has purchased a 6% stake in Los Angeles Football Club, valued at $1.25 billion. This transaction, finalized earlier this year, replaces Joe Tsai and Mike Mahan in the club's ownership group. Beckmann joins former LAFC player Carlos Vela and investor James Cha as new partners. Beckmann, a significant figure in the tequila industry, also recently inherited a substantial stake in Becle, the parent company of Jose Cuervo.

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Key Details
  • •Becle generates approximately $2.3 billion in revenue annually.
  • •Beckmann is the eleventh generation managing Becle since its founding in 1758.
  • •LAFC's valuation stands at $1.25 billion following the recent equity change.
  • •The club has had a partnership with 1800 Tequila since 2021.
  • •Beckmann is now listed as a Director and Owner of LAFC.
Latest Updates
  • 6:32 PMYahoo Sports — Billionaire Tequila CEO Purchases Stake in Los Angeles Football Club
What they're saying
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Juan Domingo Beckmann, the billionaire CEO behind Jose Cuervo, Maestro Dobel and Gran Coramino, has joined the Los Angeles Football Club’s ownership group. The deal was finalized earlier this year when 6% of the club’s equity reportedly changed hands at a $1.25 billion valuation. The transaction marked the departure of Brooklyn Nets owner Joe Tsai […]

Related Teams & Leagues
Los Angeles FCSoccer

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