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U.S. Soccer 2020 deficit grows by $9m due to legal fees from lawsuits

U.S. Soccer's projected 2020 deficit is set to grow $5.5 million due mostly to expenditures of $9m on legal fees devoted to various lawsuits.

The federation had already projected a loss for the upcoming year, but legals costs -- including those due to the equal pay lawsuit filed by the U.S. women's team -- are the primary reason for the increase.

Speaking at the USSF Board of Directors meeting, USSF CFO Pinky Raina presented reports on the federation's financial state. Entering the 2019 fiscal year, thanks in part to the financial success of the U.S.-hosted Copa America Centenario in 2016, the USSF had a cash surplus of about $160 million.