City Commits $30 Million for Soccer Stadium Project

LOUISVILLE, Ky. -- The city will buy the land needed for a new stadium for Louisville's professional soccer club.

Mayor Fischer announced city government will invest $30 million to purchase the land in the Butchertown neighborhood.     It will be covered by general obligation bond.

Fischer says no city money will be used to build the 10,000-seat stadium.   That cost will be covered by the soccer club. 

 It's all part of a $200 million development project that will include the stadium and hotel and retail space.   

Fischer say the stadium will help Louisville compete for a Major League Soccer franchise.

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