Filed under: MLS, English Premier League, New England Revolution, Seattle Sounders FC
Manchester United has announced a £83.6 million ($137.3 million) loss in its fiscal year ended June 30, suggesting that the English Premier League doesn't exactly represent good return on an investment.
If the most famous club in the world's most famous league is a money loser, thanks to the debt required to purchase it and the player salaries required to keep it competitive, that can't be a good sign for the circuit as a whole.
In fact, according to a May report in The Times, the vast majority of EPL clubs were operating in the red last season. Yet despite the out-of-control costs, the lack of anything close to a level playing field and near impossibility of winning an actual trophy, Americans keep lining up to invest.
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