Re:Las Vegas Sphere reports $98.4M loss; CFO quits
by adamomada on Thursday November 09, 2023 @06:47PM
(#38213005)
Toronto FC aka TFC were playing their ninth* season when NYCFC joined the league
x FC is just a common way to name football clubs around the world, adopted by MLS clubs
Edit: Announced during their seventh season; joined in their ninth
Edit; Chicago, Dallas, Houston Vancouver and Toronto had FC In their name before NYC FC existed
When you watch soccer, you expect Tier 1 soccer aesthetics and branding - especially as an owner trying to recoup your investment.
It was Abu Dhabi that started the FC/SC naming conventions in MLS after they were the first international investor in MLS with NYCFC.
After that, the door was opened for plenty of investors who didn't see an RoI or have to ability to invest in Tier 1 European Soccer.