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(Sports Network) - Nick Sakiewicz, CEO and operating partner of Keystone Sports and Entertainment LLC, which owns the yet-to-be-named Major League Soccer Philadelphia club, made some less than optimistic comments earlier this week about the 2010 expansion club's soccer-specific stadium project.
"I wish we could give you hard commitments today, but we're not even sure the stadium is going to be built," he told the Delaware County Times. "If the [financial] markets tank next month, then we won't build this thing. We'll be out $15 million and everyone goes home."
The comments were made after a meeting to discuss a request for the expansion of a tax-exempt building zone for the developers. The request was withdrawn after several hours of tough questioning when it became clear they would not be able to strike a deal with the Chester Upland School District before an end-of-the-year deadline, according to the Delaware County Times.
Ground was broken on Dec. 1 on the stadium, which was originally scheduled to be ready for the 2010 MLS season. If an agreement cannot be reached with local politicians, it could put the whole project in jeopardy, as evidenced by the comments made by Sakiewicz.
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