Whether the San Diego Chargers end up playing football in downtown San Diego or in the Inglewood area of Los Angeles, reports are that Peter Seidler and a couple of other local investors are hoping to land a Major League Soccer franchise in San Diego, to share a Mission Valley stadium with the San Diego State Aztecs football team.
Padres lead investor Peter Seidler on Friday night said he is part of a group hoping to bring a Major League Soccer franchise to San Diego.
Mike Stone, a private equity investor and philanthropist in San Diego, would be the lead investor, according to two sources, speaking on the condition they not be identified. The other investor would be retired Qualcomm executive Steve Altman, one of the sources said.
In April, SDSU President Elliot Hirshman endorsed turning the former Qualcomm Stadium site in Mission Valley into a 166-acre campus that would include a new stadium of up to 40,000 seats.
MLS currently has 20 teams but is in the process of expanding to 24 teams by 2020 (Atlanta, Minnesota, Los Angeles, Miami) with an idea of eventually reaching 28.