BMO Field of Dreams! Good luck to the Argos stadium-mates Toronto FC

[1971GreyCup]

According to Forbes, TFC loses about $9 million
https://www.forbes.com/sites/chrissm.../#6ac68d8b199c

And that's with MLSE using the Leafs to sell TFC corporate sponsorship and tickets (about $21 million according to Rick Westhead a couple of years ago). Imagine what the Argonauts could do if Rogers bought into them, and the Argonauts were a part of MLSE.

One could tolerate $9 million loss if you share in expansion fees for the new teams. The two new teams are putting up $150 million. That fee continues to rise.

[argos1873]

One could tolerate $9 million loss if you share in expansion fees for the new teams. The two new teams are putting up $150 million. That fee continues to rise.

This is why the franchise values are so high. People putting up the money for the franchises are obviously betting on soccer. They may be right, but I really don't see it, at least the way they do. I do agree that soccer will continue to rise in popularity, mainly due to immigration, and changing demographics, but I think they are getting ahead of themselves, and basically turning the MLS into a pyramid scheme. They promised not to follow the old NASL scheme of rapid expansion, but they let that slip in the search of easy $$$. I don't have a crystal ball, but in my humble opinion I see another implosion of pro soccer in North America if the MLS is not careful. There are many franchises losing money, and a couple of fires in certain cities. I will only say that MLS needs to be very careful unless they want to end up in the very full graveyards of defunct North American soccer leagues. I actually wish them well, but I find that hard to do with certain TFC fan types, but that's a different story.