Forbes has come out with a report on the finances and value of MLS teams. With pretty sharp criticism from Vancouver Whitecaps fans about spending levels this is important information to examine. Frankly this report makes things look pretty bleak for the overall finances of the Whitecaps. Of course there are many factors at play here and some of these numbers are a bit deceptive at face value but even when accounting for that it makes the perceived lack of investment in the squad a little more understandable. I should also mention that i’m about as far from an economist as it is possible to be but I think even with a layman’s understanding there are some interesting take aways from the report.
Are the Whitecaps Cheap?: An Examination of the Finances and Spending of the Vancouver Whitecaps
