St. Louis Ownership Group Announces Sweeping Plans for MLS Expansion Bid
November 18, 2016 - Major League Soccer (MLS) News Release
A Missouri-based ownership group announced on Thursday a sweeping plan to pursue an MLS expansion team for St. Louis - and a new downtown, soccer-specific stadium for the club to call home.
Known as SC STL, the group will fund much of the construction of the stadium project, which is estimated to cost just under $200 million. SC STL will also fund the entire MLS expansion fee as established by the league as well as the acquisition of the Saint Louis FC USL team, the famed St. Louis Scott Gallagher youth club and World Wide Technology Soccer Park to create a holistic soccer organization and build a developmental pipeline of homegrown soccer talent from the youth to professional ranks.
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