Republican Gov.-elect Eric Greitens may have thrown a wrench into the future of a sports franchise before even taking office.
Last month, a state board delayed its decision on whether to grant the city of St. Louis’ request for $40 million in tax credits to help finance a downtown soccer stadium after Greitens criticized the plan.
This week in Dellwood, he emphatically announced his policy against on releasing the funds. “To be very clear, I’ve completely ruled state funding for stadiums” said Greitens. “We are not going to use money from the people of the state of Missouri in what I believe is corporate welfare. We’ve got far too many core priorities of government that have to be invested in.”
While ruling out the distribution of state money for stadiums this week, Greitens expressed an interest in obtaining private financing for the project. “I look forward to meeting with the leaders of the MLS project to see if there’s a way for them to bring private sector funding to bring a soccer team to the state of Missouri.”
Read more: Missourinet