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Tepper presented an official growth quote for Charlotte to the league in July 2019, shortly before meetings with league officials and additional tours of Bank of America Arena. He revealed strategies in September to update the existing Bank of America Stadium to make it appropriate for an MLS team, which would consist of up to $210 million in contributions from the local government.

In November, MLS commissioner Don Garber named Charlotte as the frontrunner to make the slot for the 30th team, praising Tepper's efforts and the quote's plans. The Charlotte City Council authorized $110 million in stadium and franchise financing in late November, using profits from a hospitality tax. The MLS Board of Governors assembled in early December to discuss the Charlotte bid and authorized final negotiations with Tepper.

The expansion cost to be paid by Tepper is reported to be near $325 million, a 62. 5 percent increase from what was paid by the effective quotes for St. Louis and Sacramento earlier in the year.  Hendersonville Board of Realtors  offered 7,000 season ticket deposits in the very first 24 hours after the expansion statement.

7 Names Left - Charlotte MLS 2021 Team To Announce Name & Logo + Possible  Kits Leaked - Footy Headlines

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The club signed its first player, Spanish midfielder Sergio Ruiz, from Racing Santander on July 8, 2020. He was lent out to UD Las Palmas for 18 months, with an anticipated arrival in Charlotte in January 2022. Spanish manager Miguel ngel Ramrez was worked with as the team's first head coach in July 2021.

North Carolina FC submits formal MLS bid :: WRALSportsFan.com

A name statement was scheduled for June 2020, however was postponed a month due to the COVID-19 pandemic. The name and crest were revealed during a livestream event on July 22, 2020, with Charlotte Football Club (shortened to Charlotte FC) being selected. The club's crest was designed by Doubleday & Cartwright and includes a black roundel with a Process Blue center, the exact same shade of blue utilized by the Carolina Panthers likewise owned by Tepper Sports.

Mint branch. At the center is a four-pointed crown, referencing the 4 wards of Uptown Charlotte and the city's nickname of the "Queen City", itself referencing namesake Charlotte of Mecklenburg-Strelitz. The quote organizers signed a multi-year kit sponsorship arrangement with Ally Financial in July 2019 for the then-unannounced MLS group.