Thursday, February 08, 2007

Real Salt Lake Gets Their Stadium Today

Sports Capital Partners (SCP), the group of investors Dave Checketts fronts that owns Real Salt Lake (RSL), has said that they'll be making their decision tomorrow on whether to keep the team in Utah or sell to a group of investors in St. Louis. It did not look good for RSL a week ago. Salt Lake County had decided against passing bonding funded by a hotel tax to help finance the stadium / hotel / office project in Sandy for the team and their development partners. But the state once again looks as though they'll be weighing in on the project with the Utah legislature expected to pass a funding bill for the team today. Even if that happens it's not entirely clear that Sports Capital Partners will not sell the team. The final decision by SCP is expected by announced by the end of the business day Friday.

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