With more than 25 years of local business news coverage, our. We deliver premium local business content in the form of our weekly newspaper, website, digital edition, email services, special publications, events and social media. Nagle said that the stadium would "not only host events other than soccer games,” it also would be “surrounded by a ‘village’ of housing and commercial space to serve residents.” Team officials when announcing the new plan for a Railyards stadium last year said that the initial capacity “would be similar to Heart Health Park, 12,000 to 15,000 seats, with the ability to expand to around 20,000.” Meanwhile, Van Der Meer wrote Sac Republic FC also “needs a new investor to bring the financial stature necessary to join MLS.” Nearly two years ago, billionaire Ron Burkle "backed out of a plan to be lead investor for Sacramento's MLS effort." Nagle said that he is “currently talking with a number of potential investors,” though he "didn't identify them." He added that after Burkle’s withdrawal, team officials are “sensitive to getting it right” ( SACRAMENTO BUSINESS JOURNAL, 1/23). The Sacramento Business Journal connects the business community in El Dorado, Placer, Sacramento and Yolo counties. Nagle said that the clarity will “come on two fronts: the timing and size of a planned new stadium for the team in Sacramento's Railyards development, and in conjunction, what league the team will play in.” Van Der Meer wrote the two topics are “interlinked.” For the stadium, the question is "how big to build it, which is a function of whether the team continues to play" in the USL, as it has since its first season in 2014, or MLS. Sacramento Republic FC owner Kevin Nagle said that 2023, specifically by July, should "provide some clarity about the team's future,” according to Ben Van Der Meer of the SACRAMENTO BUSINESS JOURNAL.
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