1 min read
Posted on 02.16.08
  • 1 min read
  • Posted on 02.16.08

From the Philadelphia Inquirer, last week:

Major League Soccer is moving swiftly toward an agreement that will grant a long-sought expansion team to the Philadelphia region, several sources have confirmed.

Representatives of the prospective team and the league are down to discussing details concerning the new club — talks having progressed past "if" and on to "how" and "when," they said.

The sources, who requested anonymity given the sensitivity of the timing, said that:

In the last two days, the local owner-investors completed their review of the draft version of the expansion agreement between MLS and the team, which would play at a riverside soccer stadium to be built in Chester.

Local representatives have been meeting with senior MLS executives at league offices in New York.

The investor group is working with Pennsylvania officials to identify the accounts and precise dollar amounts from which a promised $47 million in state funding would be drawn . . .

The league source said that St. Louis, which has contended with Philadelphia to become the 16th MLS team, would be the presumed front-runner for any future expansion.