article By Jeff PassanEditor(CNN)St Louis, Missouri, is a city where you don’t have to be rich to build stadiums.
You can just have an idea.
And that idea is to host a soccer match.
So, let’s start there.
The idea of building a stadium in the St Louis suburb of Lakeview has gained traction.
It would be the largest stadium in U.S. history, and it would be owned and operated by a private entity.
The plan is to take over the old, aging Missouri Central High School stadium, which has been in the hands of the university for over 50 years, and convert it into a soccer-specific stadium.
This would be a monumental undertaking.
Its a $3.5 billion project that would take a city that has never hosted a soccer game in a stadium, and create the biggest stadium in American history.
The project would require a new, state-of-the-art stadium, a new stadium complex and new amenities, among other things.
The proposal is far from finished.
There’s still no final construction budget and the stadium itself is still subject to several hurdles.
The St Louis Board of Aldermen, however, is on board with the idea.
This stadium is about the size of two football fields.
It has seating for 50,000 people and seats 20,000 for every game.
Its the size and mass of a football field, the St. Louis Post-Dispatch reported.
The project has garnered support from the local and national soccer community.
The city’s soccer association, which includes St. Mary’s University, has also expressed support for the project.
But some of the city’s business leaders have expressed concerns about the cost of the project and the effect it would have on St. Clair County.
The St. Charles County Board of Supervisors voted in September to approve the $2.3 billion project.
St. James Park, a community that borders Lakeview, voted to reject the stadium.
And, according to the St Charles Post-Courier, the project has been referred to the Missouri Legislature, but nothing has come of that.
The state is expected to approve $3 billion in tax breaks and grants in the next few years.
But what if, say, the city and county aren’t ready to commit to a $2 billion stadium?
What if the county and city are willing to negotiate a new agreement with the city?
What happens if a county board of commissioners, which oversees stadium finances, rejects the Stlouis plan?
In other words, how will the city, state and county respond to this huge, ambitious project?
The St Louis Rams are among the potential stadium owners, but what if a team is interested?
The answer is, a team would not have to take a huge risk to buy a new soccer stadium.
It could just take a look at a St. Joseph team in St. Paul, Minnesota.
In the summer of 2019, the Minnesota Timberwolves had a $1.8 billion offer for a $250 million soccer stadium in Minneapolis.
The Vikings rejected the offer and eventually sold their shares in the team to Microsoft in 2019 for $4.2 billion.
The deal gave the Stamps, the Vikings and Minnesota a chance to buy the team and move forward with the stadium project.
The Saints and the Timberwolves also had offers, but the Stetsons declined the Saints bid.
But a St Louis city councilman, John C. “John” Bailon, says he has met with the StLouis Rams and “I believe that we are moving forward in good faith.”
According to Bailor, the Rams are committed to the project, and the city would like to hear from the team before it makes any decisions.
“We want to get the team on board, to understand what we can offer them,” Bailors chief financial officer, Joe Piscopo, told the Stouis Post-News.
“I would like it to be an open process, and not just in terms of the terms of interest, but in terms and scope of what we are offering.”
The Stlougans have also been open to negotiations with other teams in St, Louis and in other parts of the country.
And there are a number of reasons why the Stagues decision could be a blessing.
The $2 million price tag for the Stiles stadium could easily cover the $3 million cost of its new stadium, according a source close to the negotiations.
That could be enough to get other teams to give the Stels a try.
The team could also receive an increase in operating income from the new stadium.
In other terms, the new St Louis stadium could be the perfect solution for the city.
And the St Rams, Vikings and Saints could all benefit from the city becoming more financially viable.
The question is, is there a financial benefit to having a Stl Louis team?