Plans announced to pursue bringing professional soccer to valley - 8 News NOW

Plans underway to pursue bringing professional soccer to valley

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LAS VEGAS -- The company behind the proposed downtown arena and Findlay Sports and Entertainment announced plans Wednesday to pursue bringing a Major League Soccer team to Las Vegas.

The Cordish Companies plans to build the stadium specifically for a MLS franchise. The stadium is expected to be built in Symphony Park, north of the Smith Center for Performing Arts downtown.

The arena would seat 24,000 fans and include state-of-the-art fan experiences and concessions, according to the company.

The stadium and team are projected to cost more than $300 million. Cordish Companies has a deal with the city of Las Vegas to develop the arena.

Some downtown business leaders were opposed to the deal, because they were unhappy that public money was going to be used to build the arena. However, in Wednesday's announcement, Findlay Sports and Entertainment, a division of Findlay Automotive Group, said it would be responsible for developing and investing the private funds needed to build the stadium and buy the team.

The group would also be responsible for management of the team, but the stadium would be owned by the city.

Earlier this month, MGM Resorts International broke ground on an arena on the Strip that will sit between New York-New York and the Monte Carlo hotel and casino.

UNLV is also pursuing plans to build a new arena.

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