Reigning MLS Cup champions Los Angeles Football Club grew to become the first-ever Major League Soccer club to be valued at $1 billion on Wednesday, when Forbes launched its newest evaluation of North American soccer groups. In 2019, the final time Forbes assessed North American soccer groups, LAFC was valued at $475 million.
Purchased in 2014 by a 22-person funding group led by Vietnamese-American businessman Henry Nguyen, LAFC has shortly established itself as an MLS powerhouse, making the playoffs in 4 of the fives seasons it has been a club. In 2022, it gained the MLS Cup by beating the Philadelphia Union in penalties. The not too long ago retired Welsh icon Gareth Bale scored a objective within the 128th minute of additional time to ship the match to penalties.
In second place is LAFC’s neighbor, the Los Angeles Galaxy. The Galaxy have gained extra MLS Cups (5) than any group within the league. Here’s the listing of the top-10 highest-valued North American soccer groups:
1. LAFC, $1 billion
2. LA Galaxy, $925 million
3. Atlanta United FC, $850 million
4. New York City FC, $800 million
5. D.C. United, $700 million
6. Toronto FC, $690 million
7. Austin FC, $680 million
8. Seattle Sounders FC, $660 million
9. Portland Timbers, $650 million
10. Charlotte FC, $625 million
The MLS has proven great development since its institution in 1993, however within the final 4 years, common MLS group’s valuation has spiked by 85%. Combine that with the league’s new partnership with Apple TV, and the growing presence of international stars, and it might seem that the MLS is headed in the correct route.
The MLS 2023 common season begins on Feb. 25.
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