MLS Valuations Show Soccer Clubs Hit Sweet Spot for ‘Rich Guys’
Sportico released its 2021 MLS team valuations last week, and Los Angeles FC topped the list with an estimated worth of $860 million, around 10 times 2019 revenues. Surprisingly, that seemingly frothy revenue-to-value multiple was below the league average (12.2x). Double-digit revenue multiples are typically reserved for high-flying tech stocks, not pro sports franchises (the […]
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