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MLS could be headed for new stadium in San Diego

Major League Soccer (MLS) could be headed to San Diego, with a group of private investors behind a bid to set up an expansion team and build a new stadium.

FS Investors said they plan to build a 30,000 seat stadium, which could be shared with San Diego State, on the 166-acre site of the Qualcomm Stadium which is being vacated by the NFL’s Chargers move to Los Angeles.

The plans also include land being set aside for a larger stadium, in case the NFL decides to return to San Diego.

Nick Stone, a partner in the investors group, said:

There are a lot of people that were disappointed with the Chargers’ move and understandably so. But we think this is a really, really interesting time to look at the opportunity to bring soccer to San Diego. It’s a very logical market for that.

Stone’s group, which includes MLB Padres lead investor Peter Seidler and former Qualcomm president Steve Altman, has the exclusive negotiating rights with the MLS.

The league is currently considering a number of expansion candidates with a January 31 deadline for bids to be considered for its next two expansion teams.