Orlando Gets MLS Expansion Team After Stadium Funding

Law360, Miami (November 19, 2013, 8:53 PM EST) -- Major League Soccer on Tuesday evening officially awarded Orlando, Fla., a new expansion franchise, just weeks after Orlando City Soccer secured tourism tax funds to build an $85 million downtown stadium.

MLS Commissioner Don Garber told a crowd of purple-clad supporters crammed into the Cheyenne Saloon in downtown Orlando, that the Orlando City Football Club would become the 21st MLS expansion team, set to start in the 2015 season.

“We said in March about a year ago it wouldn't be if, but when,” Garber said. “That...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.