Keeping the Reds out of the red 11 Jan 2016 Toronto FC takes in a lot of its revenue in Canadian dollars, but pays out much of its travel and payroll expenses in U.S. dollars. A look behind the scenes shows that the financial game theory in the boardroom is almost as fascinating as the soccer strategies on the field
Pacific costs 11 Jan 2016 A poor loonie was blamed for the departure of the NBA’s Vancouver Grizzlies to Memphis, Tennessee. The NHL’s Canucks have been hampered in the past by a poor dollar. But, in the case of the MLS Whitecaps, the league’s central control of contracts and revenue could help insulate them from the dollar’s demise
Performance over profit 11 Jan 2016 The low loonie makes travel in the U.S. far more expensive for Canadians; but that won’t stop the Montreal Impact from making two separate preseason trips across the border...