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Volume 24 No. 155
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FC Cincinnati Owners Sign Option To Buy Site For New Stadium

USL club FC Cincinnati's owners have "signed an option to buy a site" in Cincinnati's Oakley neighborhood for a new stadium, "filling one of the key remaining criteria needed to win" an MLS expansion franchise. Neither FC Cincinnati President & GM Jeff Berding nor Colliers Int'l, the real estate firm that listed the property, "said how much FC Cincinnati would pay if it proceeds with the purchase." The club now has "control of a workable stadium site, which is one of the two key criteria MLS has for prospective expansion candidates." It also "wants financing in place and the needed government approvals." Hamilton County commissioners "had been pushing for the use of Paul Brown Stadium" (BIZJOURNALS.com, 11/21).