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Soccer stadium tax credits postponed after Greitens' opposition

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Following Gov.-elect Eric Greitens' opposition, the city of St. Louis has delayed its request to the Missouri Development Finance Board for $40 million in state tax credits for a $200 million soccer stadium.

SC STL, the potential ownership group of a Major League Soccer team in St. Louis, says the postponement will allow the organization to meet with Greitens on the subject.

"I applaud the decision by SC STL to withdraw their request for taxpayer money," Greitens said in a statement Tuesday. "It’s great news for Missouri taxpayers. As I said yesterday, I'm opposed to taxpayer funding for the soccer stadium, something I view as welfare for millionaires. I’m looking forward to meeting with the ownership group to discuss a plan to bring private investment and jobs to Missouri."

Read more from the St. Louis Business Journal.


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