Sep 4, 2014, 9:35 PM EDT
The most important part of Las Vegas’s bid to get an Major League Soccer expansion team will be its stadium. Not only is a new facility a test of both ownership’s power and government’s willingness, but there’s no real way to play in the Nevada desert without a state-of-the-art stadium. Not venue, no chance.
After today’s city council meeting, Las Vegas doesn’t appear to have a viable avenue to get its stadium built. Needing four of the council’s seven members to approve $200 million development plan, the group hoping to bring MLS soccer to the city was left hoping for a change of heart, with a crucial if reluctant swing vote opting to wait until Oct. 1 to make a final decision.
After four hours of debate Wednesday, the City Council was deadlocked with three members supporting and three members opposing the deal with developers Findlay Sports and Entertainment of Las Vegas and Cordish Cos. of Baltimore.
Councilwoman Lois Tarkanian held the swing vote.
But Tarkanian said she couldn’t vote for the project Wednesday. She said the stadium’s financial plan isn’t viable yet, and she wanted more time to hear more from her constituents …
That doesn’t sound so gloomy, right? All Justin Findlay, head to the expansion group, has to do is win over Tarkanian.
But then you learn how the council works and realize: approving the plans is one thing; financing it is another. And this deal needs $115 million worth of city financing to get done.
Even if Tarkanian [votes yes] in October, the developers will have a tough time winning final approval.
In December, the council is scheduled to review more details of the deal, including a stadium lease and a development agreement.
Under state law, the council would need a super majority of five votes to issue $115 million in bonds.
Good luck with that.
The reasons three council members aren’t supporting the deal seem like a flashback to D.C. United, where stadium proposal after stadium proposal has raised then extinguished hopes.
In Las Vegas, there are worries the money’s too much. One member said “95 percent” of the people he’s interacted with don’t approve of the deal. For as much momentum the spin machines give projects before councils weight in, we’re always left with an MLS truism: Things are a lot less rosy outside our soccer bubbles.
That’s not to say Las Vegas won’t get done, but there appear to be some major hurdles. And ultimately, you can’t blame a city for being skeptical about committing $115 million to a sports venue.
Jul 5, 2015, 7:16 PM EDT
Inter Milan released a statement defending itself as Fiorentina vice president Paolo Panerai criticized his rival in the midst of Mohamed Salah’s transfer situation.
Jul 5, 2015, 6:14 PM EDT
Watch the Women’s World Cup final live online. Kickoff at 7 p.m. ET.
Jul 5, 2015, 4:45 PM EDT
After having his contract terminated for violence with match security, Emir Spahic will play for Hamburger SV next season.
Jul 5, 2015, 4:03 PM EDT
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Jul 5, 2015, 3:10 PM EDT
The Indian Super League continues to bring in the big names.
Jul 5, 2015, 2:22 PM EDT
After three stints managing the Super Eagles, Stephen Keshi is out once again.
Jul 5, 2015, 1:35 PM EDT
The U.S. defense has been unbreakable, and Japan loves to keep the ball. Something has to give in the final.
Jul 5, 2015, 1:15 PM EDT
After making some tactical changes at the break, Micronesia held Fiji to just 17 second half goals.
Jul 5, 2015, 12:21 PM EDT
After another brutal loss in a major tournament final, Argentina’s Javier Mascherano couldn’t explain what went wrong.
Jul 5, 2015, 11:25 AM EDT
Catch up on all six of Saturday night’s MLS matches, right here.
Jul 5, 2015, 10:27 AM EDT
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Jul 5, 2015, 9:30 AM EDT
At 32 years of age, Sampson impressed many by leading England to a third-place finish in the Women’s World Cup.
Jul 5, 2015, 8:34 AM EDT
Sepp’s not going down without a fight, now bringing major political leaders into the mix.
Jul 5, 2015, 7:44 AM EDT
On the Fourth of July, there were fireworks all across Major League Soccer.
Jul 5, 2015, 7:40 AM EDT
Both countries hope that this final will help bring further attention to the women’s game.
Jul 5, 2015, 4:51 AM EDT
Olympic gold medals are great, but this group wants a World Cup title.
Jul 4, 2015, 11:23 PM EDT
On a day where Laura Bassett showed great resolve, England won over many neutrals.
Jul 4, 2015, 10:30 PM EDT
The U.S. hasn’t given up a goal in 513 minutes at this World Cup, heading into the final against Japan.
Jul 4, 2015, 10:00 PM EDT
Kei Kamara -> Ethan Finlay (x2) was all Crew SC needed to jump three places in the Eastern Conference.
Jul 4, 2015, 9:20 PM EDT
Eduaro Vargas and Paolo Guerrero beat all the big names to the 2015 Copa America top scorer’s award.
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