Major League Soccer has announced that it has purchased Chivas USA from its owners.
MLS has acquired the Los Angeles outfit from Jorge Vergara and Angelica Fuentes and will assume responsibility for the operations of the club effective immediately.
An official statement from the league has revealed that a new owner ship group will be sought with the view to keeping the club in LA by building a new stadium.
It has also been confirmed that head coach Wilmer Cabrera, who was appointed in January, will be kept on in his current position.
The Goats will operate as normal in 2014 before being 'rebranded with a new team and logo in connection with the sale to a new owner'.
"We thank Jorge Vergara and Angelica Fuentes for their significant commitment to Major League Soccer," MLS Commissioner Don Garber said.
"Jorge was an early believer in the league and he and Angelica have been great partners in MLS.
"We collectively agreed that it is best to sell the club to new owners who are committed to securing a new stadium and providing MLS with a strong rival for the LA Galaxy."
