Chris Klein to return as Galaxy's president for 11th season despite MLS sanctions [Los Angeles Times (CA)]
Herbalife Ltd. Common Shares (HLF)
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Source: Los Angeles Times
Chris Klein will return for an 11th season as president of the Galaxy , the MLS club confirmed in a statement Thursday. Klein’s contract expired at the end of the 2022 season and Klein, the team and AEG, the Galaxy’s parent company, had all declined to comment on his status. “Per club policy, we don’t disclose employment terms,” the Galaxy said in a two-sentence statement. “Chris Klein is the LA Galaxy’s President and he will resume full responsibilities at the close of the winter transfer window.” Last month Klein, 47, was suspended by MLS through the primary transfer window, which usually runs until early May, as part of a series of penalties levied against the Galaxy for violating MLS salary guidelines in the 2019 acquisition of Argentine winger Cristian Pavón . The team was also fined $1 million and docked another $1 million in future general allocation money. The length of the contract extension was not disclosed, but Klein’s first two contracts as president were for five seasons
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