(Photo by Kevin Killeen, KMOX)

Kindle Betz, Kavanaugh Give More MLS Stadium Details

Kindle Betz says with the stadium being city-owned, it sends a message to the league that the city is "involved in this endeavor."

November 20, 2018 - 5:46 pm
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ST. LOUIS (KMOX) - The MLS4THELOU ownership group is promoting its stadium plan as discussion gets underway in the St. Louis Board of Aldermen

The team trying to bring Major League Soccer to St. Louis is considering a plan that would have the ownership group pay for stadium construction, buy the land, and donate it to the city, and divert some stadium-only revenue into a dedicated maintenance fund.

Carolyn Kindle Betz says the only catch is the city would own the stadium. 

Related: Tax Incentives Approved by City Board for MLS Stadium Construction

She says with the stadium being city-owned, it sends a message to the league that the city is "involved in this endeavor." That would involve entering into a "triple-net lease for up to 30 years," which would mean the tenant – the ownership group – pays for everything.

Some aldermen have expressed concern the city would technically own the stadium. However, other political leaders, such as Missouri Gov. Mike Parson, St. Louis Mayor Lyda Krewson, and President of the St. Louis Board of Aldermen Lewis Reed have all backed the ownership group. 

MLS4TheLou hopes an upcoming committee hearing will clear some things up about its latest proposal. 

Kindle Betz and Jim Kavanaugh spoke with Dan McLaughlin on "Scoops With Danny Mac." Their entire conversation can be heard Tuesday night on KMOX's Sports Open Line.

You can also listen to the full interivew, below: