Major League Soccer selling stake in Soccer United Marketing?
Via Footiebusiness, the Sports Business Journal reported today that Major League Soccer is looking to sell a 25% stake in Soccer United Marketing for around $150 million. That would value SUM at around $600 million, a valuation that seems at least somewhat in line with the stated annual revenues of about $100 million.
The Fake Sigi Schmid Blog @ Sep 12, 2011 11:21 PM EDT | Blog Profile
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