New York City FC is valued at $690 million, according to an article published today in Sportico that looks at the growing financial outlook for MLS.
The article notes that blue-chip investors are an increasing presence in the league, drawn not only by the growth potential of “the sport of the future since 1972,” as they say over at Men in Blazers, but by the revenue streams found at a club such as LAFC. The Los Angeles side not only have high ticket sales, Bancsigningsmls of California Stadium hosted 20 events this year, and “the club has a digital billboard business that has the potential to generate more than $10 million annually.