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Why is City Football Group joining a broke league?

Manchester City is paying $100 million to join a league that has failed to gain a serious footprint on television.

LA Galaxy are doing ok | MLS.com
Major League Soccer is losing money. The league has failed to gain a serious footprint on television. Yet Manchester City and the New York Yankees recently paid a $100 million expansion fee—$60 million more than Montreal three years ago—to join the league for the 2015 season. 

Make sure you watch the accompanying video.

The Economics Behind New York’s $100 Million MLS Team

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