More to the point, in the US losing teams get rewarded in the form of draft picks, which sometimes creates perverse incentives. This doesn't exist in European football. (Disclaimer: I know almost nothing about American sports.)

Draft picks + salary caps and the various workarounds involved there make it more of a financier's dream than a competitive sport.

just wait until you get to the subject of tanking in the NBA

is there a tech equivalent? like you do a crappy job with your series A on purpose which helps you get a better series B. although there is the notion of a big round of layoffs to secure further investment