German insurance company Allianz will sponsor Minnesota United’s new stadium. The stadium is projected to be finished by opening day 2019.

As first reported by SB Nation’s E Pluribus Loonum, and later confirmed by FiftyFiveOne, Munich-based insurance company Allianz will sponsor the new Minnesota United stadium, which is projected to be completed in late 2018/early 2019, reportedly in time for 2019’s opening match at the latest.

This will be the 7th stadium worldwide that is sponsored by Allianz, the most famous being Munich’s Allianz Arena, which is home to Bayern Munich and 1860 Munich. This however, is the first Allianz-sponsored facility in North America. This partnership makes a lot of sense, as the Allianz North American headquarters are in the Twin Cities.

This deal provides Minnesota United with a big name stadium sponsor to go along with their big name kit sponsor in Target. This is also a bit coincidental in the fact that the renderings for Minnesota United’s new home look extremely similar to Munich’s Allianz Arena, except smaller. Due to all other variations of the name being taken (Arena, Stadium, Park, etc.) by other facilities around the world, the new Minnesota variation being named “Allianz Field” seems likely, but we should know more as the new stadium is closer to completion.

This is a good deal for the club, as it provides another well-known sponsorship that will be attached to the club, along with kit sponsor Target. Allianz is also a company that is clearly very invested in the sport, which is always a good thing. Based on the renderings of the now Allianz-sponsored facility, the stadium looks like it will be an amazing place to watch a match once it’s completed.