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Barozi said:

and look how many American teams are purely artificial and change their name and home location or go completely out of business.1 (What team had to change name and location to dodge bankrupcy?)

It makes them more money since it's just one country and thus only one major professional league for each kind of sport and they all share a very similar taste. If the team is unsuccessful or not profitable enough, it will disappear, thus only leaving the big clubs alive.

In Europe there's only one major sport and that is football. The top clubs there can compete with the American teams in terms of value. After all Real Madrid is the most valuable sports team in the world.
Aside from football each country has another form of sport that is rather big there, but not on a worldwide or even European-wide scale.
Cricket (England), Handball (Germany), Basketball (Spain), Hockey (Russia), Rugby (Britain), Volleyball (Russia)2   .(And just in US there is Boxing, Baseball,Basketball,Football,Nascar,Hockey, etc... all multi-billion dollar businesses with top paid athletes also)

(countries in brackets are IMO the most influential in that kind of sport. Didn't want to mention more than one country.)

With European football most people only care about the domestic league (national interest) and how these teams do in Champions League (national pride). If there was a single country of 300m people in Europe, expect much more clubs to be multi-billion dollar franchises in that country.3 (It would never reach that status because clubs in the mediterranean countries, would just be surrogates for money laundering machines. Plus if Americans all loved the same sports there would trillion dollar teams also.)
Much higher potential to sell merchandise products, build bigger stadiums and everyone could watch the games there because they all have access to the same channels.

I love soccer as you can see. However, it needs to be regulated a bit so the mooches can be wed out.

The construction of the stadiums in Brazil prove my point. It's a shame.