St. Louis, MO  (KTRS)   A group of investors is offering to pay for the public portion of the proposed Major League Soccer stadium in downtown St. Louis.

Dan Cordes, the C-E-O of Foundry St. Louis has written a letter to SC STL proposing to cover $80-million of the construction cost. Leaders with SC STL have been working to place a tax on the April ballot to fund approximately 40 percent or less of the stadium’s construction costs.

The entire project is expected to cost $200-million.

There’s no word on whether or not SC STL has responded to the letter.