Monday, January 14, 2008

MLS Expansion - St. Louis needs investors

The days left in January are becoming fewer and fewer, meaning that a decision on the 16th MLS club will soon be known. The main figures in this race are Philadelphia and St. Louis, with each having something the other does not. Philadelphia has the big investors (money) and a large market, but unlike St. Louis, does not have a stadium deal in place.

Which brings us to Jeff Cooper's (the man in charge of the St. Louis bid) keynote speaker at the annual Hermann Awards banquet Friday night. In it he talked about the rich history of the game in St. Louis and his belief that a professional team would flourish in the area. However, he also spoke to the need for others to up out to make this true.

Cooper is a millionaire with great local ties, but that is not really enough for MLS anymore, so he is looking for some partners.

"We're confident that we'll find the right partners very soon," Cooper said. "You have to remember that it's easier to find money than great partners, and that's our mission. This community deserves a first-class MLS ownership group. We won't quit until we put that group together."

So there you have it, St. Louis needs more money to land their bid, just as Philadelphia needs the state to put up $45 million. To the winner of this race probably goes the expansion team. Then again, maybe Montreal will steal it away from them both.

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2 Comments:

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