Greitens Stands Firm: No State Funding for Stadium Project
ST. LOUIS (AP) — Missouri Gov.-elect Eric Greitens is standing firm on his decision to not support state funding for stadiums, including the proposed $200 million soccer stadium in downtown St. Louis.
The St. Louis Post-Dispatch reports that Greitens, speaking Monday, said he has "completely ruled out" state funding for stadiums, making it unlikely that a request for $40 million in tax credits for the soccer stadium project will be granted.
The investor group SC STL is seeking up to $80 million in city funding, in addition to state tax credits, in hopes of building a stadium that will attract a Major League Soccer expansion team. A spokesman for SC STL did not immediately respond to an interview request.