A's Reinvesting All Revenues Into Coliseum, Club Twins Owner Says Club Is Not For Sale Royals Will Not Exceed Current Payroll Sources: Penguins Getting $25M Investor Vikings Upset Over MLS Games At New Stadium Browns Make Case To Maintain Personnel Tigers Need To Reduce Payroll By $20M Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA Losing Revenue Sharing Could Cut A's Payroll More
Saputo Still Interested In MLS, But Says Expansion Fee Too Steep
Published November 26, 2008
USL club Montreal Impact Owner Joey Saputo "remains keen on joining" MLS, but he "won't risk the team's future or the continued growth of soccer in the city and across the province to do it," according to Randy Phillips of the Montreal GAZETTE. Saputo: "In soccer, like any other sport, we have to make sure our next acquisition will not be our last acquisition because it was a bad acquisition. We strongly believe that a [US$40M] franchise fee alone would seriously mortgage the future of soccer and our team." Saputo said of the city's MLS bid being dropped last week, "We were told that MLS is out of the picture for 2011, but we remain open to any possible expansion in the future. Why our bid was taken out, I really don't have any idea. I also have no idea why we were never called to meet with league officials in New York, to go into the specifics of our bid" (Montreal GAZETTE, 11/25).