From Deseret News archives:
Decision on soccer stadium may come soon
County committee to discuss concerns during 3 meetings
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Another issue up for debate is that county leaders don't know if they can trust Real's numbers. The team gave the county its business model in December, complete with attendance projections and ticket-sale revenue. Some county leaders believe the predictions are a bit too rosy.
Real Salt Lake owner Dave Checketts admits the team's projections are ambitious, but says he can achieve them.
The county hired a financial consultant to do an independent analysis of Real's business plan. A report from Economics Research Associates is due back Thursday. ERA will likely adjust some of the projections Real made, said Doug Willmore, the county's chief administrative officer.
ERA is expected to present its findings to the Debt Review Committee next Friday.
Another hurdle to the stadium deal is possible environmental contamination on the site. District Attorney Lohra Miller said a portion of the 136-acre site could be polluted by petroleum and debris. Solving that potential problem must be addressed before the county can commit $30 million to the project, she said.
E-mail: ldethman@desnews.com, astowell@desnews.com
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