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
Weak Canadian dollar is bad news for Canadian soccer franchises 22 Jan 2015 MLS and NASL teams aren’t forthcoming about the terms of their contracts. But the MLS Players Union sheds some light on how the salaries are paid out. According to MLSPU Executive Director Bob Foose: “All contracts are calculated in U.S. Dollars, players can then choose to have them paid in either, or a combination.”
