Nashville Announce Stadium Plans

Nashville has announced a $250 million stadium plan as part of the market’s bid to land an MLS expansion franchise.

Mayor Megan Barry and lead investor John R. Ingram confirmed Monday that they had finalized a proposal for a 27,500-capacity soccer-specific stadium on the Nashville Fairgrounds.

Stadium funding would draw $200 million in revenue bonds, $25 million from the MLS ownership group, and $25 million in general obligation bonds to pay for public infrastructure. The MLS ownership group would cover any construction cost overruns.

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