Another Potential MLS Group Emerges in St. Louis

As St. Louis ponders whether it has a future in the MLS, another ownership group is pitching the idea to the community.  

Thus far, it has seemed that the primary ownership group for an MLS squad would be MLS2STL. Former NFL task force co-chairman Dave Peacock is involved in that organization, which may wind up recruiting some heavy hitters within St. Louis sports, but so far MLS2STL is still trying to recruit investors. Now a group known as Foundry St. Louis has entered the mix, and says it could try to combine some of its ideas with those of MLS2STL to complete a successful bid.

Foundry St. Louis includes pharmacist Dan Cordes, who laid out a few ideas that the group wants to bring to the table. Among them is a soccer-specific stadium located on land near the St. Louis University medical center, rather than one in the city’s downtown. It also seeks to fund the stadium without a tax increase.

Cordes claims that the groups has sufficient funds and resources to aid in the effort. More from the St. Louis Post Dispatch:

“This is not just a bunch of guys that decided one night let’s do this,” Cordes said Friday afternoon. “We have investors both inside and outside St. Louis who have committed the necessary moneys or funding necessary for the franchise. So we’re fine. … We just want there to be more than one option for the league to look at when it comes to an ownership group in St. Louis.”