Posts Tagged ‘Stadium’

Congratulations to the Orlando City Soccer Club after knocking off the final major obstacle in their path to becoming Major League Soccer’s twenty-first franchise as Orange County commissioners approved funding for their new stadium.

Requiring five of seven votes by the commissioners, the meeting lasting approximately six-and-a-half hours came to an end that gave Orlando City supporters reason to celebrate.  The funding plan for the twenty-thousand seat soccer stadium had previously passed the City of Orlando’s vote by a six-to-one mark.

Within the next thirty days, Orlando City SC and Major League Soccer will work towards finalizing their expansion agreement, putting the affectionately dubbed Lions in a position to enter the league in 2015 alongside the previously announced New York City FC.

The reported expansion fee of $70 million is significantly less than New York’s $100 million fee (New York is the nation’s largest market and an existing franchise, the New York Red Bulls, plays in its New Jersey suburbs) but more than Montreal paid (approximately $40 million) to enter the league for the 2012 season.

With the all-but-official inclusion of Orlando City SC as one of the league’s four additional expansion franchises announced beyond New York City FC.  Two of the remaining three teams are widely expected to be awarded to a group including David Beckham and Marcelo Claure destined for Miami (ETA 2016) and another to play in Atlanta (ETA 2017) under joint ownership with the National Football League’s Atlanta Falcons.  The remaining franchise is seemingly up for grabs, with Minneapolis-St. Paul, San Antonio, St. Louis and Sacramento appearing to be the leading candidates.

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