We’ve all been speculating about the potential sale price of Real Salt Lake in recent weeks, and the first somewhat definitive report has made its way out. Sports Business Journal is reporting that the sale price will start around $500 million.
It’s quite an expensive deal, but there are a few factors the article points out.
The first is that Chicago Fire had a valuation of around $400 million in September 2019. That’s a club that isn’t coming with anything close to the infrastructure of Real Salt Lake, and one should remember that the RSL Academy training facilities are included in this deal.
The article does state that the “benchmark sale price” is set around $325 million — the current cost for an expansion side to come into the league.
The $175 million beyond the benchmark would include Rio Tinto Stadium (valued at $53 million or thereabouts, though it was once valued higher and reduced for a bit of a tax break for Hansen), the training academy (estimated at a $50 million project) and what Sports Business Journal called “other soccer-related entities.”
It will be interesting to see where this goes.