Pennsylvania Governor Ed Rendell unveiled a $47 million state funding package, which will help build a soccer stadium in Chester.
In the package, $25 million would toward buikding the stadium and is contingent on Major League Soccer awarding an expansion franchise to the area. The plan also includes plans for offices, stores and housing in the struggling waterfront city.
"Governor Rendell's announcement is another very positive development toward bringing Major League Soccer to the Philadelphia area," MLS commissioner Don Garber said. "The Philadelphia market just took a big step forward and is now well positioned to receive an MLS expansion team. The opportunity to be part of a large-scale urban-renewal project along the historic Chester waterfront remains extremely appealing to us. We are eager to continue our conversations with the potential ownership group to finalize an agreement and we will provide more details shortly."