Straight Talk

Find posts by keyword
Find posts by date


Should Portland Spend 85 Million For A Major League Soccer Team?

by Laural Porter

Posted on March 2, 2009 at 10:46 PM

Updated Wednesday, Nov 4 at 2:44 PM

That's the topic we'll dig into this week on "Straight Talk".
Join us Saturday night at 7pm.
Merritt Paulson, the owner of the Portland Timbers and Beavers, is the major investor behind the proposed venture.
Paulson will be our guest on "Straight Talk", along with an opponent of the deal, William Glasgow.
Glasgow is a Portland attorney, and was a founder and first president of the Oregon Sports Authority.
Glasgow says the proposal doesn't pencil out for Portland.

What do you think?

Paulson and his investment group are putting up 40 million to purchase a Major League Soccer expansion team.
He is asking the city to finance a new minor league baseball stadium and improvements to PGE park.
The cost 85 million.
Paulson says this opportunity won't come along again for Portland.
MLS will decide this month on two expansion cities, and Paulson says it isn't likely Portland will have a second chance since the league is capping expansion.
He calls the opportunity "transformational".

On the other hand, Glasgow says "the public benefits are too weak to justify meaningful public support in these challenging economic times".

You can leave your questions and comments here for both Paulson and Glasgow.
Join us Saturday night at 7pm for "Straight Talk".
Thank you for watching and let's keep talking.