Eden Prairie, MN (March 16, 2015) – We have been informed by Major League Soccer of its plans to pursue an outdoor stadium in Minneapolis.

We have been very excited about the possibility of bringing an MLS team to Minnesota fans and deeply committed to providing a phenomenal stadium experience. We offered MLS an ideal situation - a stadium that is certain and will be completed in 2016, a plan that was funded by the public and private sectors to host MLS, and an option that will not require additional government approvals. The new multi-purpose stadium also would have accommodated the length of the MLS season and the growth of the sport in this market.

At the same time, we commend MLS Commissioner Don Garber and Deputy Commissioner Mark Abbott for their continued success in building the MLS brand, and, most importantly, we are pleased to see they believe in the Minneapolis-St. Paul market.