The reports state that an official announcement will likely come next week, potentially as soon as Tuesday.
The move has been a poorly kept secret since April when it was reported that the city was one of two cities along with Sacremento to be in exclusive talks for an expansion team. Two weeks ago they presented in front of the MLS Board of Governors and that has apparently progressed into a successful bid.
According to the St. Louis Dispatch report, the presentation included plans for a privately funded stadium and a majority female ownership group led by Carolyn Kindle Betz, president of rental car conglomerate Enterprise Holdings Foundation. The plan is a win for the city of St. Louis that just two years ago voted down a proposal for $60 million in public money for a stadium critical to an MLS expansion bid.
The St. Louis Dispatch report claims the team is targeting 2022 as its inaugural season. Further details regarding a team name, colors, or sponsorship details were not revealed.