With a Charlotte MLS stadium initiative being negotiated, the city appeared to be a strong contender for one of four rumored MLS expansion franchises at one point. Now, the situation is on hold at best, and perhaps delayed indefinitely. It’s a strong sign that demand for MLS’ primary product, soccer franchises, may not be as strong as league officials would like.
According to Katherine Peralta and Ely Portillo of the Charlotte Observer, all efforts to negotiate a deal on a mixture of private and public funds necessary to construct a new stadium have failed.