Phoenix Rising soccer team hires Goldman Sachs to help with new stadium

Phoenix Business Journal

The Phoenix Rising soccer team has hired Goldman Sachs Group (NYSE: GS) to help finance a new stadium.

The team plays in the United Soccer League and wants to eventually be awarded a Major League Soccer franchise.

Phoenix Rising plays at a temporary stadium on the Salt River Pima Maricopa Indian Community at a site near the borders with Scottsdale and Tempe.

Goldman Sachs will serve as the structuring agent to help with a permanent stadium aimed at helping with bringing an MLS team to the Phoenix market.

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