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


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
Chandler Could Return to Training Next Week     
U.S. international Timothy Chandler is set to return to Nurnberg team training in 10 days, ESPN ...
Garcia: Roma's Scudetto Dream Not Over    
AS Roma coach Rudi Garcia says that he has not given up hope on the Scudetto ...
Giroud Honors Hillsborough Victims     
Arsenal striker Olivier Giroud paid tribute to the victims of the 1989 Hillsborough disaster after scoring ...
PSG President: Blanc Has My Full Support    
Paris Saint-Germain President Nasser Al-Khelaifi claims that coach Laurent Blanc has his "full support" amid recent ...
Donovan Opens Up About Aging    
Speaking at a promotional event for Samsung, U.S. men's national team midfielder Landon Donovan opened up ...
Dortmund Blanks Wolfsburg German Cup Semi    
Borussia Dortmund on Tuesday reached its sixth German Cup final, beating Wolfsburg 2-0 thanks to goals ...
Candidate: FIFA Must Close Inequality Gap    
FIFA presidential candidate Jerome Champagne believes soccer's world governing body should do more to tackle inequality ...
Report: Man City the World's Best Paid Team    
Manchester City's first team is apparently the best-paid in world sports, according to a new report ...
Vice President Biden to Attend World Cup    
The World Cup trophy made its first stop in the United States on Monday as part ...
Beckham's Stadium Plan Runs into Opposition    
David Beckham's plan to build a waterfront stadium to house his new MLS franchise in PortMiami ...
>> Section 2 Around the Net Archives