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Tepper presented a formal expansion bid for Charlotte to the league in July 2019, shortly prior to conferences with league officials and additional trips of Bank of America Arena. He announced plans in September to update the existing Bank of America Arena to make it suitable for an MLS team, which would include up to $210 million in contributions from the city federal 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 board authorized $110 million in arena and franchise funding in late November, using earnings from a hospitality tax.  This Article Is More In-Depth  of Governors convened in early December to talk about the Charlotte bid and authorized final settlements 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 bids for St. Louis and Sacramento earlier in the year. The team sold 7,000 season ticket deposits in the first 24 hr after the growth statement.

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

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A name statement was arranged for June 2020, however was delayed a month due to the COVID-19 pandemic. The name and crest were revealed throughout a livestream occasion on July 22, 2020, with Charlotte Football Club (reduced to Charlotte FC) being chosen. The club's crest was designed by Doubleday & Cartwright and includes a black roundel with a Process Blue center, the same shade of blue used by the Carolina Panthers also 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 label of the "Queen City", itself referencing name Charlotte of Mecklenburg-Strelitz. The quote organizers signed a multi-year kit sponsorship contract with Ally Financial in July 2019 for the then-unannounced MLS group.