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.
Oct 26, 2014, 12:39 AM EDT
The Vancouver Whitecaps did themselves well to clinch a late playoff birth, besting the Colorado Rapids, 1-0.
Oct 25, 2014, 11:44 PM EDT
The Timbers’ postseason aspirations are hanging in the balance, but this 2-0 win over FC Dallas has certainly put them in a nice spot.
Oct 25, 2014, 10:31 PM EDT
Final: New England Revolution 1, Toronto FC 0
Oct 25, 2014, 9:49 PM EDT
AS Roma defender Ashley Cole has drawn the interest of MLS teams once again.
Oct 25, 2014, 8:48 PM EDT
Cristiano Ronaldo praises manager Louis van Gaal and is convinced that the 63-year-old will lead Manchester United to its former glory.
Oct 25, 2014, 7:23 PM EDT
Short recap and highlights of Saturday’s Round 9 Premier League matches.
Oct 25, 2014, 7:08 PM EDT
With three games on the slate, here’s what you can look forward to on Sunday.
Oct 25, 2014, 6:18 PM EDT
Final: Montreal Impact 1, D.C. United 1
Oct 25, 2014, 5:23 PM EDT
The Chicago Fire are seeking to bolster the strength of their roster, examining the possible signing of ex-Tottenham Hotspur midfielder Jaime O’Hara.
Oct 25, 2014, 4:55 PM EDT
A sleepy game for over an hour, Seattle and L.A. used the last hour to stage a contest worthy of a trophy-winning event.
Oct 25, 2014, 4:29 PM EDT
Pique speaks of his handball in Barcelona’s 3-1 defeat to Real Madrid: “It was unintentional.”
Oct 25, 2014, 3:47 PM EDT
The L.A. Galaxy and Seattle Sounders are scoreless through 45 minutes at CenturyLink in Washington.
Oct 25, 2014, 3:30 PM EDT
Leeds United have fired manager Darko Milanic after only 32 days leading the squad.
Oct 25, 2014, 2:59 PM EDT
Several fun games whet the appetite for a massive top of table Sunday tilt between Bayern Munich and Borussia Monchengladbach.
Oct 25, 2014, 2:29 PM EDT
With six games on Saturday in the PL, here’s what happened.
Oct 25, 2014, 2:20 PM EDT
Wilfried Bony scored both goals for Swans, 2-0, who cruised to the win against the suddenly-struggling Foxes.
Oct 25, 2014, 2:07 PM EDT
Will the Sounders handle the Galaxy and expectations to clinch home-field throughout the playoffs?
Oct 25, 2014, 1:54 PM EDT
“Maybe they [Stoke] created two possibilities, not chances and that’s a great team effort,” Koeman said of his Saints.
Oct 25, 2014, 1:47 PM EDT
Despite going behind earlier, Real came roaring back to win the first El Clasico of 2014-15.
Oct 25, 2014, 1:28 PM EDT
Watch and enjoy, then follow the second half live on NBC and online via Live Extra.
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