Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Will St. Louis Be Priced Out Of MLS?
St. Louis-Dispatch, August 28th, 2008 2PM

MOST READ

MOST COMMENTED

St. Louis' bid to land a Major League Soccer team "looks to be entering the home stretch," Tom Timmermann reports, but he qualifies the statement by adding "again." The deadline is mid-October, and prime mover Jeff Cooper, who heads an investment group that has proposed a stadium, housing, office and retail space complex in Collinsville, east of St. Louis, expects to have the lengthy application in ahead of time.

There may, however, be a problem with the price. MLS keeps edging the cost of a franchise upwards, and like every man, Cooper has his limits. "I think it's certainly an issue," Cooper said. "It's something you have to look at. As much as I'm committed to bringing pro soccer to St. Louis, the higher the price of joining MLS gets, you have to take a look at it from a business perspective. What we were told after Philadelphia got a team was that the price could be as high as $40 million. If it's above that, we'd have a tough time justifying that."

The league has said that $40 million would be the minimum price for its seventeenth and eighteenth franchise awards, writes Timmermann. "What they say and see will determine where we go," Cooper said. "At this point, we're 100 per cent focused on MLS, until that proves to be untenable. Once we submit the paperwork, the ball is in their court. I strongly believe it will end up working out for St. Louis and MLS in the near future."

Read the original story...



No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Report: Arsenal Leads EPL with 900 Injuries in 12 Seasons    
According to a report from PhysioRoom.com, which monitors sports team injuries, Premier League giant Arsenal has ...
Underdog BATE Bounces Back Against Bilbao     
Despite losing its opening game to FC Porto, 6-0, underdog BATE Borisov found itself right back ...
Bayern Bosses Slam CSKA's Empty Stadium     
Bayern Munich coach Pep Guardiola admitted there were few benefits to playing in an empty stadium ...
Diego Costa Ready to Play for Spain, Despite Mourinho     
Diego Costa on Wednesday declared himself fit to play for Spain despite club coach Jose Mourinho's ...
Totti: Man City's Tweet Inspired Me to Score    
AS Roma captain Francesco Totti claimed that Manchester City brought him luck by referencing him prior ...
PSG Tames Barca in UCL Thriller    
Paris Saint-Germain might finally have what it takes to win the UEFA Champions League, coach Laurent ...
The case for more female coaches in youth soccer    
Nicole Farley, who coaches at Southern California's Laguna United SC and Dana High School, says "I ...
Nasri to Miss a Month Following Surgery     
Manchester City midfielder Samir Nasri will miss a month after having groin surgery over the weekend. ...
Herrera Out as Man United Injury Crisis Worsens    
Manchester United midfielder Ander Herrera will be out for "weeks" with a fractured rib in yet ...
Giroud Signs Gunners Extension    
Goal.com reports that injured Arsenal striker Olivier Giroud has signed a two-year contract extension with the ...
>> Section 2 Around the Net Archives