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City Football Group have raised $650 million for NYCFC Stadium

NYCFC’s stadium saga has been the rollercoaster ride recently. Following years of speculation, New York Yankees President Randy Levine gave an unusually candid interview to Forbes SportsMoney, saying that a decision on New York City FC’s stadium plans would be made in “30-60 days”. It was a glimmer of hope for fans who have been frustrated time and time again with the lack of progress.

That glimmer of hope barely made it 24 hours when reports of Yankees Global Enterprises and Maddd Equities had botched the presentation to the Bronx community board by allegedly changing the language of the plans as it pertained to parking spaces at the last minute, effectively ending any and all decisions on NYCFC’s prospective stadium until after the summer recess.