View Single Post
  #140  
Old Posted Nov 5, 2014, 7:20 PM
sirkingwilliam's Avatar
sirkingwilliam sirkingwilliam is offline
Loving SA 365 days a year
 
Join Date: Feb 2007
Location: San Antonio
Posts: 3,891
Quote:
Originally Posted by sakyle04 View Post
To clarify, $100M would be the cost (outside of stadium renovations) to move the team from the current NASL to MLS.

There is a buy-in figure to join the league (NYCFC recently paid $100M) and considerable additional operating costs and infrastructure (hiring, etc) that are required to make that move.

As it pertains to the stadium, they are asking the city to buy the stadium and pay for the expansion. The Japanese group would then lease the stadium (hoping for the typical sweetheart deal) in order to operate the MLS-level club.
The group wants the city to buy the stadium, not pay for the expansion. Also, Hartman is valuing the stadium at $30 million, not the group.
Reply With Quote