Major League Soccer (MLS) expansion franchise Minnesota United have announced a multi-year stadium naming rights deal with the Allianz Life Insurance Company of North America.
The agreement, first reported earlier this year and confirmed on Tuesday, sees the club’s new stadium in St Paul, Minnesota named as Allianz Field.
Financial details and the precise duration of the deal have not been disclosed.
Slated for completion ahead of the 2019 MLS season, the US$200 million Allianz Field will open with a capacity of 19,400 and is being privately financed, making it the first stadium in Minnesota without a direct public subsidy.
United, who debuted in MLS at the start of this season, currently play at TCF Bank Stadium at the University of Minnesota.
“As a global company with a long tradition of stadium sponsorship and strong connection to soccer around the world, Allianz is proud to join Minnesota United FC in bringing this facility to soccer fans in our great state,” said Allianz Life president and chief executive Walter White.
“Allianz Field provides us with an opportunity to connect with audiences both new and old, share our passion for soccer and reinforce our ongoing commitment to supporting our community.”
United's new home joins a global network of stadiums that carry the Allianz name, including venues in Munich, Turin, Nice, London, Vienna, Sao Paulo and Sydney.