Vancouver Whitecaps seek to stay in Canada amid financial crisis
Updated
Updated · Bloomberg · May 1
Vancouver Whitecaps seek to stay in Canada amid financial crisis
9 articles · Updated · Bloomberg · May 1
Premier David Eby met MLS commissioner Don Garber after the club reportedly lost about $300 million and failed to find a buyer through Goldman Sachs.
League executives plan further talks in coming weeks, but no local rescuer has emerged and one interested group wants to buy the team and move it to Las Vegas.
The Whitecaps, founded in the 1970s and now near the top of MLS standings, face mounting costs and weak revenue in a league whose economics have become harder to match.
With a Las Vegas offer on the table, can politicians save the Whitecaps before Vancouver loses another major sports team?
Why can't a 2026 World Cup host city provide a viable stadium deal for its own professional soccer team?