Building Riverside’s First Pro Soccer Stadium
Victus Advisors delivers operational, financial and economic analysis to guide Riverside United FC’s proposed USL stadium.
Client
Riverside United FC
Sector
Professional Sports
Project
Operational, Financial & Economic Analysis for a New USL Stadium
Year
2025
Client Challenge
Riverside United FC sought an independent assessment to determine the viability of a new 5,000-seat USL stadium hosting both men’s and women’s professional soccer. The club needed objective financial projections, event demand forecasts and an economic impact study to evaluate feasibility and identify credible funding options in partnership with the City of Riverside.
Approach
Victus Advisors developed detailed operating pro formas for both the stadium (StadCo) and the teams (TeamCo), including revenue streams from ticket sales, premium seating, concessions, sponsorships and naming rights. Our team also conducted sensitivity analyses on attendance, modeled an expanded 15,000-seat scenario, and evaluated multiple partnership and funding options, including public-private structures, tax increment financing and potential surcharges.
Benefits to Client
The analysis confirmed that the proposed stadium could operate with a positive margin at stabilized attendance levels and generate approximately $18.2 million in annual economic output, supporting 246 jobs and $6.6 million in labor income within Riverside. Victus Advisors provided Riverside United FC and city stakeholders with a clear financial roadmap and a suite of funding strategies to pursue, ensuring the project is positioned to attract investment, secure partnerships and deliver lasting community and economic benefits.