Will Ferrell is now a co-owner of LAFC–the Los Angeles Football Club.

ESPN shared two humorous Tweets about Ferrell’s co-ownership.

"This is not a joke." Will Ferrell announced as #LAFC co-owner. pic.twitter.com/IJKJ7sEWzF

— ESPN FC (@ESPNFC) January 7, 2016

Will Ferrell on his love for soccer and being a co-owner of #LAFC: https://t.co/ETEWKvakf9 pic.twitter.com/Aa7pk6Jd0G

— ESPN FC (@ESPNFC) January 7, 2016

The LAFC–an MLS expansion team–is expected to begin play in 2018.

Farrell says he's never been a part owner in anything, except for an '84 Toyota Camry. #LAFC

— Jeff Carlisle (@JeffreyCarlisle) January 7, 2016

Sports Illustatred’s Grant Wahl made sure fans know Will Ferrell isn’t the first actor and comedian to be an MLS co-owner.

Seattle Sounders have Drew Carey as a co-owner. LAFC now has Will Ferrell.

— Grant Wahl (@GrantWahl) January 7, 2016

Fox Sports hopped on today’s Will Ferrell bandwagon, too,

Pumped for Will Ferrell as one of the newest owners of @LAFC. pic.twitter.com/VfJDojKU5c

— Ben Teller (@benteller) January 7, 2016

Making sure they weren’t left out, NBC Sports shared their Will Ferrell laughs–in the form of his character, Anchorman’s Ron Burgundy.

Funniest team in sports? Will Ferrell joins ownership group of MLS expansion team @LAFC. https://t.co/gnao74Ysvx pic.twitter.com/ybQc2MIuDg

— NBC Sports (@NBCSports) January 7, 2016

Will Ferrell has likely bought into a team that will prove successful. The LA Galaxy is among one of MLS’s big names. Expectations are running high for LAFC.

If success isn’t in Will Ferrell’s future as a MLS co-owner, the SNL alum always has his comedy to fall back on–and will no doubt share some great jokes in the next couple of years about team ownership.