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Minister says B.C. government won’t buy Whitecaps, but will help MLS team cut costs

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#vancouver whitecaps#bc place#mls#stadium deal#sports relocation
Minister says B.C. government won’t buy Whitecaps, but will help MLS team cut costs
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The British Columbia government says it will not buy the Vancouver Whitecaps but is working with the MLS team to reduce operating costs and boost revenue at BC Place to prevent relocation. The team has struggled to find a local buyer due to stadium-related financial challenges, prompting MLS to consider moving the franchise, potentially to Las Vegas. The province has eliminated stadium rent and is exploring long-term solutions, including a possible new stadium at Hastings Park. Both provincial and city officials urge stakeholders to secure a deal that keeps the team in Vancouver.

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The Globe and Mail
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Open this photo in gallery:Vancouver Whitecaps fans hold signs before the first half of an MLS match against the Colorado Rapids in Vancouver this past Saturday.ETHAN CAIRNS/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountBritish Columbia’s government said it is working with the Vancouver Whitecaps to help the team lower costs and generate more revenue at BC Place, but it won’t be buying the Major League Soccer team to prevent it from leaving the city.The Whitecaps issued a statement on Monday saying stadium economics, venue access, and revenue limitations that have made it difficult to attract buyers committed to keeping the team in Vancouver.Major League Soccer commissioner Don Garber said the situation around the stadium has become…

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