Minnesota United's Allianz Field Will Now Cost Estimated $250M
Minnesota United said that construction of Allianz Field will now cost $250M and be "paid in full by United's ownership group," according to Andy Greder of the ST. PAUL PIONEER PRESS. United Owner Bill McGuire said, "As we move ahead and get a better understanding of the pieces as we build it out and all the bids, we make some modifications and stuff. It's accumulating." McGuire: "I don't think there is money wasted here. It's to make a great experience for the fans and for the players." The stadium is more than 50% complete and "scheduled to open" in '19 (ST. PAUL PIONEER PRESS, 5/16).
GOING FOR GOLD: Greder notes once Allianz Field is completed, it will host the USMNT and "up to three other teams in two matches in the CONCACAF Gold Cup." In the biennial tournament, the U.S. will "face off against an undetermined opponent in one game, and the countries in the other match also are undecided with 10 teams still going through qualifying for the expanded 16-team field." The full tournament schedule is "expected to be released later this year," with the U.S. game as the tournament's opener on reportedly June 18. Allianz Field was picked as one of 15 venues in the U.S. to host games "not only because the stadium is expected to be one of the finest in the U.S., but because of the support the venue and the sport have received from the community" (ST. PAUL PIONEER PRESS, 5/16). In Minneapoolis, Megan Ryan notes hosting the Gold Cup games are the "first step in making Allianz Field and the Twin Cities a destination for soccer fans across the globe." Minnesota United investor Ben Grossman said that if he had "tried to pitch this idea a year ago, it never would have succeeded." However, all he "had to do was show CONCACAF and U.S. Soccer the designs of Allianz Field, and United supporters singing 'Wonderwall' after a victory, to convince both that this was a market to tap into and a place to call home" (Minneapolis STAR TRIBUNE, 5/16).