CINCINNATI (AP) Cincinnati Public Schools have agreed to a land swap with the city’s professional soccer team so the club can build a new $200 million stadium on the site where a high school stadium now sits.
The school board approved the swap Tuesday. As part of the deal, FC Cincinnati agreed to build Taft High School a new $10 million stadium near the school’s current stadium in the city’s west end.
The deal is contingent on the minor league team getting an invitation to join Major League Soccer.
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The school board initially rejected the offer because the team was seeking to make reduced property tax payments on the new stadium. The team later agreed to pay about $25 million over the life of the stadium.