From the recent The Athletic article about the Silver Lake investment:This seems like the most concrete news we’ve ever had on the stadium.
...fans should expect to hear movement, at last, on NYCFC’s long search for a permanent home in New York. Building in the Big Apple is not easy but the Major League Soccer club’s search for a site has been a tad embarrassing at times.
Sources at CFG say lessons have been learned and in board member Martin Edelman they have the best property lawyer in the Five Boroughs. Throw in Silver Lake’s network — they have a stake in Madison Square Garden — and you can start to see a way out of their very expensive groundshare with the New York Yankees, to a purpose-built, state-of-the-art stadium in America’s best sports market within three to four years.
NYCFC currently make a loss on turnover of £40 million. A new home and a much-improved MLS broadcast deal, which is a racing certainty, will transform that equation.