LAFC gets record-setting valuation of more than $700 million

  • 📰 latimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 82%

United States Headlines News

United States Latest News,United States Headlines

Owners of the Los Angeles Football Club have partially bought out a stake held by Malaysian businessman Vincent Tan in a deal that values the club at more than $700 million.

LAFC has sold out all 37 MLS home games — regular season and postseason — it has played at Banc of California Stadium since joining MLS for the 2018 season.his soccer portfolio, which includes Welsh club Cardiff City.

Attempts to reach him through Berjaya and Cardiff City were not immediately successful.The LAFC deal continues a rapid uptick in team valuations for MLS, which starts its 25th season this weekend. Expansion fees — the cost to add a new team — have mushroomed to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Football, as in Toss 'n Tackle, or soccer? You yankees are only 5% of the planet, the game is called football because it involves just the feet...unlike your over-rated concussion sport that has more breaks than action.

They haven’t won a title.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LAFC franchise value sets MLS record of $700 millionWhen LAFC's ownership group bought out Vincent Tan’s 20% stake, the deal put the club's value at $700 million, by far the most for an MLS franchise. This really means nothing. What sad...with all that money, they still cant win a MLS Cup....money doesnt buy everything $700Million would be a release fee for Ronaldo it means nothing In world football.
Source: latimes - 🏆 11. / 82 Read more »

LAFC Fans Unveil Amazing Kobe And Gianna Bryant Tribute At GameThis is pretty amazing. Awe that is so sweet Ok Carson?! Correct it ! It’s LA and everyone knows LA is black and gold!
Source: TMZ - 🏆 379. / 59 Read more »

LAFC franchise value sets MLS record of $700 millionWhen LAFC's ownership group bought out Vincent Tan’s 20% stake, the deal put the club's value at $700 million, by far the most for an MLS franchise. This really means nothing. What sad...with all that money, they still cant win a MLS Cup....money doesnt buy everything $700Million would be a release fee for Ronaldo it means nothing In world football.
Source: latimes - 🏆 11. / 82 Read more »

Film News Roundup: Denzel Washington-Rami Malek Thriller Set for Early 2021 ReleaseIn today’s film news roundup, a Denzel Washington-Rami Malek thriller gets a release date, “Escape Room 2” gets moved, Paramount sets a double feature, “So Cold the River&8… I’m already sold the moment I saw their names. I saw them shooting on Hollywood Blvd when I came back from NY, I bumped into the set on my way to Trader Joes samerplay Two of my top 10 fave actors. Yes! Yes!
Source: Variety - 🏆 108. / 63 Read more »

Fullerton checks in as hottest place in the U.S.; highs are about to give way to cool-downRecord-setting heat will give way to cooler temperatures and the possibility of showers as a storm system moves over the Los Angeles area this weekend, forecasters say.
Source: latimes - 🏆 11. / 82 Read more »

Do You Know Any Stories About Celebrities Getting Injured While On Set?Joaquin Phoenix didn't have to go that hard. I know a ton about stunt performers dying on set due to unsafe conditions! And extra Bri injured by actors who refused to learn fight choreography and would just “wing it.” Vic Morrow was decapitated by a helicopter while filming the movie 'Twilight Zone'.
Source: BuzzFeed - 🏆 730. / 51 Read more »