USA: No promotion and relegation "in the near future" (D. Garber, MLS Commissioner)

"I certainly don't see promotion and relegation any time in the near future,” stated Don Garber, commissioner of MLS (Major League Soccer, USA), at the Bloomberg Sports Business Summit in New York (USA) on 04/09/2014.

"Right now, our [closed league] system is very different [compared to what is being done elsewhere]," said Don Garber. "It is a franchise model. We have investors that are sharing in revenue. We have salary caps that solve the issue that promotion and relegation is trying to address, which is ultimately ensuring that everybody steps up to the plate and invests in their clubs."

“The great benefit of that is we have control over how we spend our money and try to marry it to our revenues," said the MLS commissioner. "So we have a business that makes sense. Something, by the way, that UEFA (Union of European Football Associations) is trying to do with Financial Fair Play. Our structure has been working very well to get us to the point that we are today."

"When the [promotion and relegation] system came into play in Europe and the rest of the world, that was the agreement…