Levittown Soccer Club’s 2017 revenue surpassed $150 million, raising its valuation to more than $600 million, according to Coinmarketcap.com.
The club is part of the Levitt Park Soccer Club, a non-profit organization that organizes soccer games, charity events and social events across New York City.
Levitt owns the club and has made investments in other soccer teams over the years.
In 2017, the Levitsports Club earned $12.5 million in annual revenue, up from $6.5 in 2016.
The club reported its first loss in five years in 2017.
In 2016, the club had $9.4 million in revenue, down from $13.3 million in 2015.
The Levittons club also had a $4.7 million loan from the U.S. Treasury.
In an interview with The New York Times, Levitt said the club’s financial health was a result of the team’s strong fundraising efforts, including a $20 million contribution from a private investor.
The money has helped Levitt and the Levitons to remain solvent, and the club is still growing, Levitown told The Times.