In an statement issued by Kim Shreckengost, executive vice president at the AMB Group LLC and Arthur Blank’s chief of staff said:
"In mid-October, AMB Group submitted its bid application to own and operate a Major League Soccer team in metro Atlanta. We recently informed MLS officials that we will not be ready to field a team in the 2011 season, which is the season currently under review for two expansion teams, primarily because we didn't feel we would be able to complete a public/private partnership arrangement in the timeframe necessary to build a soccer stadium by 2011."
Read the complete article at the Atlanta Business Chronicle here.
So Atlanta soccer fans hoping for an MLS franchise will have to once again wait...and wait...and wait.