Stars, seats and success are behind Toronto FC’s rise to fourth in Forbes’ latest ranking of the most-valuable Major League Soccer clubs.
Only the Seattle Sounders, L.A. Galaxy and New York City FC sit above the Reds in the rich list, with the club now valued at $245 million.
TFC posted a league-leading $9m operating loss (as estimated by Forbes) last year but will hope that is temporary, with revenue rising to $38m - good, again, for fourth in the league and in contention for ‘best of the rest’ beyond Seattle and L.