According to a report by Sportico, Toronto FC is the 24th most valuable football club in the world with a present value of $705 million.
This report placed the Reds one position behind Dutch club Ajax ($710 million USD) and one ahead of MLS side D.C. United ($700 million).
Amongst other MLS clubs, Toronto ranks behind four teams: the Seattle Sounders (22nd, $725 million), Atlanta United (18th, $855 million), LA Galaxy (17th, $865 million), and LAFC (16th, $900 million).
In total, there were 18 MLS clubs in the top 50, with an accumulated value of $11.8 billion. MLS had more clubs represented in the top 50 than any other league globally.
Sportico also reported that Toronto made $64 million in 2022, an amount that is $28 million higher than the club’s total amount in 2021. Ontario’s COVID-19 restrictions ended, and several marquee signings, including Lorenzo Insigne and Federico Bernadeschi, not only saw many Toronto FC fans return to the BMO Field but the general public too.
Speaking on the club’s $705 million valuation, it should be noted that its owners MLSE paid only $10 million as an expansion fee for the MLS club before the team’s inaugural season in 2007. To put this in perspective, Charlotte FC paid a huge sum of $325 million in expansion fees to kick off in 2022.
Toronto FC is operated by Maple Leaf Sports & Entertainment (MLSE), this company also runs the NHL’s Toronto Maple Leafs, the NBA’s Toronto Raptors, and the Toronto Argonauts in the CFL.
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