Major League Soccer: Difference between revisions

 

Others, like FC Dallas President & General Manager Michael Hitchcock, while accepting the validity of the concerns, disagree on the future outlook of the league's finances, quote, "We still have some teams losing money," he said. "But the positive thing is they are not losing lots of money because of our single entity structure. Expense on some levels are shared and revenues on some levels are shared. The losses are going down every year for the league. The financials for the league and the individual clubs are becoming more and more positive. We have a slow growth model and key to this is developing the American player and not wanting to dilute the product, which other leagues in the U.S. have done and made the mistake of expanding too quickly." [http://soccernet.espn.go.com/feature?id=416868&cc=5901]

 

The Las Vegas Sun, in an interview with MLS President [[Mark Abbott]], noted that "the sale of D.C. United showed that MLS could be turning a major financial corner, with each of its teams eventually being independently owned and the likelihood of each soon playing in a soccer-specific stadium. Los Angeles and Dallas are now making money, and three plan to be operating in the black by next season."[http://www.lasvegassun.com/sunbin/stories/sports/2007/jun/09/566683114.html] However the Sun did not specify which franchises these would be, although one of the three likely is brand new expansion franchise Toronto FC, which has sold a record 14,000 plus season tickets.