World Cup could be windfall for Indy

August 21, 2009
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worldcupEleven sites were cut from consideration for the United States' 2018 and 2022 World Cup Soccer bid, but Lucas Oil Stadium is still in the hunt.

It would be no small prize if Indianapolis was part of a winning bid. Lucas Oil Stadium, which will be configured to seat 64,200 for soccer, would host between three to six games. Sports business experts predict those games would sell out, given the ticket sales history of the 1994 World Cup, which was the last time it was held in the U.S. The economic impact of those games would be more than $100 million for Indianapolis, sports economists said.

But it's still a long way from a done deal. The list yesterday was cut by the USA Bid Committee from 38 to 27 possible host cities that passed the third stage of the proposal review process.

â??The overwhelming interest and creativity shown by the candidate cities made our extensive review process that much more difficult in narrowing down the list,â?? said Sunil Gulati, USA Bid Committee chairman.

Officials from candidate host cities had from June 16 to July 29 to complete their proposals. The request for proposals sought information covering an array of subjects such as tourism, climate, security, transportation, training sites and promotion.

â??We were very excited to get through this round,â?? said John Dedman, spokesman for the Indiana Sports Corp., which is leading the bid process for Indianapolis. â??The size and flexibility of Lucas Oil Stadium, and the potential to have either outdoor or indoor games is a big reason weâ??ve gotten this far.â??

Nine nations including the U.S. are vying for the 2018 World Cup and two moreâ??for a total of 11â??are gunning for the 2022 World Cup. If the U.S. wins the bid for either of those years, 10 to 12 venues would be needed to host the games.

FIFA, soccerâ??s world organizing body, plans to conduct site visits next year and have a decision made by December, 2010.

Other U.S. cities still in contention to be part of the bid include Atlanta, Boston, Dallas, Denver, L.A., Phoenix, St. Louis, Tampa, Seattle and Washington D.C.

The cities that did not make the cut were Birmingham, Ala.; Cincinnati and Columbus, Ohio; Fayetteville, Ark.; Knoxville, Tenn.; Las Vegas, Nev.; Minneapolis, Minn.; New Orleans, La.; Pittsburgh, Pa.; Salt Lake City, Utah; and San Antonio, Texas.

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  • is there a list of venues being considered a lot of those cities have several venues
  • Yahoo had an article which listed all the venues for each city.
  • i saw a list of venues and if the US wants to show off there nicest venues indy should get it
  • Anthony, Thanks for writing this up. The Star is dropping the ball on this. I think the potential windfall from this could be a lot bigger than the Superbowl. Also, there's no worry about a lockout. My question is, are city leaders exited about this? Do they even care?
  • I agree this could be a major win for Indy if they host World Cup games.

    International media and tourism spending on par with the Indy 500.

    Hopefully no extortion that drains much of the communities direct economic benefit like the NFL's Superbowl.

    Is the Mayor, ICVA, Indiana Sports, Indianapolis Downtown, and State Tourism folks really on top of this?
  • Is Indy trying to get a piece of Chicago's bid for the Olympic Games?
  • i dont think indy is helping host the games Indy might be a training site but they arnt going to use LOS for soccer from what i have seen
  • More interesting than who made it, is who did not. Some are obvious including Knoxville, Fayetteville and Salt Lake City. Small populations, no real ability to efficiently handle 100,000's of fans. But the interesting ones are Pittsburgh, Minneapolis, San Antonio, NOLA, Cincy and soccer crazy Columbus. Big cities, some with nice new stadiums, but out of the running. I guess maybe LOS was not such a boondoggle. Just having the ability to make it this far shows how important this venue is. I feel there are many more such opportunities in our future that we would not have had with the dome.

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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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