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Why Are MLS Teams So Expensive?

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“According to Sports Business website Sportico, the MLS’s top three most valuable franchises as of 2021 are Los Angeles FC, Atlanta United and LA Galaxy, valued at $860m, $845m and $835m respectively. Yet Newcastle United were recently sold for $415m, and West Ham United are estimated to be worth $508m. So how can the MLS be more valuable than the Premier League? Seb Stafford-Bloor explains. Illustrated by Henry Cooke.”
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