Report: Hopes for MLS in St. Louis could be restored by private investors

Report: Hopes for MLS in St. Louis could be restored by private investors

MLS- Expansion

Report: Hopes for MLS in St. Louis could be restored by private investors

After being voted down for a soccer stadium back in April, St. Louis’ aspirations to be an MLS city are still in reach.

The city’s journey to MLS expansion has reportedly taken an alternative route: relying on a rumored buyer’s group instead of unproved ┬átax-payer money, which was denied by a slight margin earlier this year. Southside alderman Joe Vaccaro has indicated that a new deal might consist of a blend between private money and a tax break from the city, along with land giveaway for the construction of a soccer-specific stadium.

“What I believe is that there is a plan B out there and we will end up with soccer in the city,” Vaccaro told KMOX. “Now, do I have concrete evidence? No.”

Aside from a much anticipated Miami announcement later this month, MLS is set to announce two new teams in mid-December, which will be joining the league in 2020 for an expansion fee of roughly $150 million. With a rumored buyer’s group now in the mix , St. Louis can be considered legitimate contenders despite the heavy competition.

The final 27th and 28th spots are to be decided on a later date. St. Louis, if still in contention, have higher chances of punching an expansion ticket then.

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