CHARLOTTE — Major League Soccer team Charlotte FC increased 15% in value to $655 million during the past 16 months, according to projections published today by Sportico.
That means team owner David Tepper has nearly doubled his money after paying a record entry fee of $325 million for the expansion club in 2019 — equal to $388 million adjusted for inflation.
Charlotte FC finished the 2023 season with a record of 10 wins, 11 losses and 13 draws. The team reached the playoffs for the first time, losing 5-2 to the New York Red Bulls in the wild-card round.
Keep reading on CBJ’s website here.
VIDEO: 3-year-old cancer patient serves as honorary captain for Charlotte FC match
©2024 Cox Media Group
/cloudfront-us-east-1.images.arcpublishing.com/cmg/LH3JSJEF3VBLRJLJQESEAG34AM.png)
