We reveal the details of Tom Penn's resignation as president of the Los Angeles Football Club.

The transfer market is often characterized by the arrival and departure of various MLS players and coaches. However, on this occasion, Los Angeles Football Club has announced controversial news, the resignation of its president Tom Penn.
The club has reported that Tom Penn decided to resign to pursue private business. However, the former president will continue at the Los Angeles Football Club as an executive consultant. The private company is Co.Protect, a brand-name protective equipment manufacturer founded by Tom Penn.
Los Angeles Football Club General Manager John Torrington and Chief Commercial Officer Larry Freedman will serve as interim co-chairs, the club announced. Fans hope the club is not affected by this sudden change, considering that their first game back to MLS is against their rival, the Los Angeles Galaxy.