Article: Sports Firm Ends Plan to Build Soccer Stadium in Newark, N.J.(Knight Ridder/Tribune Business News)

Mar. 24--YankeeNets, the new regional sports and entertainment powerhouse, said yesterday it has scrapped plans to build a soccer stadium within its proposed Newark sports complex.

The sudden reversal means the MetroStars will have to independently finance a stadium and conduct their own negotiations with City Hall and Gov. Christie Whitman for land and public money if they want to build in Newark.

"There will not be an association with YankeeNets," said Ray Levy, executive director of Newark Sports and Entertainment, a division of YankeeNets that's vying to build the arena. "There was a proposal put on the table to make an association and that didn't ...

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