Soccer’s Future in America Hangs in the Balance as Kewsong Lee Steps into USL Power Seat
In contrast, Saudi Arabia’s Public Investment Fund paid just $392 million to acquire an 80% stake in Newcastle United in 2021.
It’s meant that a number of would-be investors have set their sights elsewhere, rather than splashing their cash in the USA. However, thanks to the USL’s rapidly expanding structure, these investors might be tempted to switch their attention to acquiring a USL club.
Buying a USL Championship team costs approximately $20 million, whilst USL League One franchises are priced around $5 million. USL investors have the opportunity to buy a franchise in metropolises like Tulsa, Santa Barbara and Colorado Springs, where, despite having sizable populations, communities are starved of professional sports franchises.
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