Originally Posted by RastaRocket
Why is it overvalued? It's a huge market. Ticket sales, TV contracts, merchandise, etc... I don't see why it would be overvalued.
Do you think they are using fake money?
In contrast look at the MLS. Five years ago there was guys making 20k a year to play professionally. It's getting better now, and the average is about 150,000 I believe but that's with increased popularity.
Because they have local governments subsidize their stadiums, because they receive tax exemptions, because they are a major part of price fixing along with telecoms? Because their allowed to get a great deal of their talent due to a system created in favor of their profession?