Major League Soccer (MLS) announced today that it has lost almost $1bn during 2020 because of the coronavirus pandemic.
MLS was only two weeks into its historic 25th season when a halt was called to the campaign in March. It did not resume until July, with the MLS is Back competition in Florida, before a revised regular schedule resumed on 12 August.
“The overall [financial] impact is going to be deeper than we expected,” said MLS commissioner Don Garber.