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
New York passes goal-anchoring law    
New York Governor Andrew Cuomo has signed a bill late that requires the state to come ...
Gervinho Tries to Smuggle Woman into Italy     
Apparently, AS Roma and Ivory Coast forward Gervinho tried and failed to smuggle a woman onto ...
Report: Wilshere Out Two-Three Months     
The Guardian on Monday reported that Arsenal midfielder Jack Wilshere, who went off injured in the ...
Enrique: Messi to Play Different Positions for Barca    
Lionel Messi will be used both as the main striker as well as a wide forward ...
Valcke: FIFA's Reputation is Damaged    
FIFA general secretary Jerome Valcke on Tuesday acknowledged that it could take "years" to rebuild FIFA's ...
Ribery Rips FIFA's Ballon d'Or     
Bayern Munich winger Franck Ribery expects teammates Arjen Robben and Manuel Neuer to miss out on ...
Pellegrini: Aguero 'One of the Best in the World'    
Manuel Pellegrini hailed hat-trick hero Sergio Aguero for rescuing Manchester City's UEFA Champions League hopes with ...
Mourinho Hails 'Complete' Chelsea     
Jose Mourinho hailed the 'complete' performance of his players as Chelsea sealed first-place in Group G ...
Report: Real Beats Barca to Promising Youngster    
Real Madrid has beaten Barcelona to the signing of promising youngster Marco Asensio, in what Spanish ...
Guardiola Hopes Messi Stays at Barca     
Bayern Munich coach Pep Guardiola said he hopes "with all my heart" that Lionel Messi ends ...
>> Section 2 Around the Net Archives