The New York Cosmos told the New Jersey Record yesterday that they’ve secured financing to build a stadium in New York City, with the goal of becoming the 20th MLS franchise in 2013.
“Our intent is to be the 20th team in MLS,” Cosmos director of soccer Terry Byrne told The Record. “We’ve had several meetings with Mr. Garber and progressed very positively.”
The Cosmos have also already set up two youth academies, one on each coast, that are being led by former MetroStarts Giovanni Savarese and Ted Chronopoulos. Three Cosmos youth players have been invited to join the U.S. Under-17 residency program in Bradenton, Fla.