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
Quakes Deal Hits the Skids
San Jose Mercury News, April 18th, 2007 3:24PM

MOST READ

MOST COMMENTED

The San Jose Earthquakes may not be resurrected after all, according to a San Jose Mercury news report. Property developer Lew Wolff, who wants to resurrect the MLS club, is at loggerheads with San Jose State University over how to share revenue from a new stadium, which both the university and the Earthquakes would use. Sources told the San Jose Mercury News that the university wants a guaranteed $6 million per year from the stadium-in part because SJSU would have to devote most of its 63-acre campus to parking for the stadium and practice fields for the MLS team. Wolff offered around $1 million annually, plus a split of stadium revenues.

"We're at a stalemate," SJSU President Don Kassing said Tuesday. "We haven't reached an understanding about a revenue split." Kassing is understood to prefer a guaranteed sum to a stadium split. Unfortunately, the stalemate comes at a bad time, as Wolff and the university need to come to an agreement soon or he'll scrap the entire project. One of the sources cited in the report said the talks "are deteriorating" and that the next meeting could be the final one. Wolff sounded a little more optimistic: "We're hoping to work it out, but we're not quite there yet."

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
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 ...
Man City, Bayern Fans Persist with UEFA Protest    
PA Sport reports that Manchester City and Bayern Munich will continue their "Respect ... Fans" protest ...
>> Section 2 Around the Net Archives