MLS financial landscape seems relatively healthy

March 19, 2007
By Steve Davis, ESPNsoccernet
A report that Red Bull New York dropped $14 million into a financial sinkhole in 2006 certainly isn't the kind of happy news the MLS prefers trumpeted as it merges into a season of big TV bucks and the David Beckham PR bonanza.

But the North Jersey Herald News, citing sources familiar with the club, said Red Bull New York did indeed lose that amount last year, as the Austrian drink maker charged brazenly into MLS ownership waving huge wads of cash.

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