“Unfortunately, even though I’m dubious, aldermen have no resources at their disposal to assist us with financial analysis, so I will rely on the offices in place to help guide my decision. If we cannot get there by Thursday morning, there is not a path forward,” Ingrassia said in an email to city officials and SC STL representatives early Wednesday.

A new financial agreement between the city and investors is yet to be made public. It was unclear Wednesday if the agreement was finalized or still a work in progress.

Ingrassia and Alderman Stephen Conway, chairman of the Ways and Means Committee where the bill will be heard, said last week that a different proposal could be reintroduced for an August ballot vote. But Ingrassia said she and others were now convinced an August vote would be too late in the MLS expansion process.

‘I also do believe, based on conversations with the ownership group, and what I’ve researched on my own regarding the MLS timeline, that we will not have an opportunity for one of the 4 expansion teams if we wait to put this on the August ballot,” Ingrassia wrote.