REPORT TO CITY COUNCIL AND STADIUM AUTHORITY BOARD
SUBJECT
Title
Action on the Proposed FIFA World Cup 2026 Assignment and Assumption Agreement with Bay Area Host Committee and Forty Niners Stadium Management Company LLC (ManCo), Proposed “Field Improvements” Required by FIFA in Connection with the Event, a Guaranty of Certain 2026 FIFA World Cup Obligations Executed by Forty Niners Football Company LLC (TeamCo) in favor of the City and Stadium Authority, and Related Actions
Report
COUNCIL AND BOARD PILLARS
Enhance Community Engagement and Transparency
Ensure Compliance with Measure J and Manage Levi’s Stadium
EXECUTIVE SUMMARY
In 2026, Levi’s Stadium is scheduled to host six FIFA Men’s World Cup 2026 (“FWC26”) matches between June 13 - July 1, 2026.
This report presents background information and details on a proposed FWC26 Assignment and Assumption Agreement that has been negotiated by business and legal staff of the City/Stadium Authority and various third-party stakeholders (the Bay Area Host Committee, FIFA, and several business entities associated with the San Francisco Forty Niners). These entities and their respective roles are described later in this report.
Since early 2023, all parties have generally agreed that in order to host the World Cup Event at Levi’s Stadium and mitigate financial risks to the City of Santa Clara and the Santa Clara Stadium Authority (two public entities), an assignment of all obligations under the World Cup Stadium Agreement would be needed. (A copy of the World Cup Stadium Agreement and related Addendums can be found on the City’s website at https://www.santaclaraca.gov/our-city/santa-clara-stadium-authority/super-bowl-60-and-fifa-world-cup.) The World Cup Stadium Agreement commits the Authority to make Levi’s Stadium available for FWC26 matches on terms that were dictated by FIFA applicable to all the proposed World Cup venues as part of the bid process. The agreement was signed by representatives from the United States Soccer Federation (now FIFA) and the Forty Niners Stadium Management Company (ManCo), in their capacity as manager of non-NFL events at Levi’s Stadium on behalf of the Stadium Authority.
A major challenge for the City/Stadium Authority in preparing for the 2026 World Cup was the lack of access to key agreements between FIFA, BAHC, and ManCo. Since neither the City nor the Stadium Authority participated in negotiating these agreements, the City/Stadium Authority initially faced resistance when requesting access. FIFA, BAHC, and ManCo cited concerns about disclosing financial terms still under negotiation and information that could compromise event security. However, after extensive discussions, an Information Sharing Agreement was finalized on August 1, 2023, allowing controlled access to these critical documents.
In total, the process to secure and disclose the World Cup agreements spanned from late 2021 to February 2025, with several key milestones. After prolonged negotiations, a redacted version of the Stadium Agreement was released to the public in September 2023, followed by the Addendum in early 2024. As FIFA finalized tournament details, additional redactions were lifted, leading to the public release of substantially unredacted versions of these agreements in December 2024. The final document to be released (the Amended and Restated Addendum to Stadium Agreement and Host City Agreement) is expected to be made public prior to February 11, 2025. The Stadium Agreement, originally signed in 2018, outlines FIFA’s requirements for stadium operations, while the Host City Agreement Assigns promotional and logistical responsibilities to BAHC. While the City is not legally bound by the Host City Agreement, staff has reviewed its terms under the Information Sharing Agreement to assess potential impacts and necessary collaborations, which informed the negotiations to arrive at the proposed Assignment and Assumption Agreement and related guaranty agreement by TeamCo.
The proposed Assignment and Assumption Agreement that is before the City Council and Stadium Authority Board for consideration assigns all obligations under the World Cup Stadium Agreement to the Bay Area Host Committee (BAHC) with the exception of Stadium Authority’s obligations under its Naming Rights Agreement with Levi’s to provide a suite and tickets to the six FWC26 matches. This includes a commitment from the BAHC to reimburse the City for all event-related public safety costs. A financial guaranty from the San Francisco Forty Niners (TeamCo) has also been secured for qualified event expenses reimbursement obligation, payments for field improvements, and third-party approval/buyout costs.
Through this staff report and the related presentation at the February 11, 2026 meeting, staff recommends that the City Council/Stadium Authority Board take the following three actions:
1. City Council and Stadium Authority Board approve the proposed FIFA World Cup 2026 Assignment and Assumption Agreement and Guaranty of Certain 2026 FIFA World Cup Obligations (collectively, the “World Cup Agreements”) on the terms, and substantially in the forms presented, and authorize the City Manager/Executive Director to execute such agreements in final forms approved by the City Attorney/Agency Counsel.
2. Stadium Authority Board approve the “Field Improvements” on the terms presented.
3. Authorize and direct the City Manager/Executive Director to take such other actions as are necessary and appropriate to implement the terms of the World Cup Agreements.
Lastly, it is important to note that Levi’s Stadium is also scheduled to host the National Football League’s (NFL) Super Bowl LX on February 8, 2026. This will mark the first time a venue has hosted the World Cup and the Super Bowl in a single year. Updates and information related to Super Bowl LX have been provided to the City periodically, and the next major update is planned for the City Council’s March 11, 2026 meeting.
BACKGROUND
FWC26 Overview
The FIFA Men’s World Cup is an international soccer competition between the national teams of the Fédération Internationale de Football Association (“FIFA”), the sport's international governing body. The World Cup is held every four years and is the most prestigious association soccer tournament in the world, as well as the most widely viewed and followed single sporting event.
Below is a timeline of the key events that preceded this update on the status of planned FWC26 events at Levi’s Stadium.
In 2017, the Forty Niners Stadium Management Company (ManCo) submitted a bid as a part of the United States' efforts to become one of three host countries for the 2026 FIFA Men’s World Cup games in collaboration with Canada and Mexico. (The United 2026 World Cup Bid Book can be found on the City’s website at <https://www.santaclaraca.gov/home/showpublisheddocument/81841/638313264585100000>. References to the San Francisco Bay Area region can be found throughout the Bid document. A summary of information on Levi’s Stadium can be found on the numbered pages of 193-196, or 223-226 of the electronic document). The City of Santa Clara first affirmed its support of FWC26 and related events in a letter signed by Mayor Lisa Gillmor on August 31, 2017. (Attachment 1)
On February 22, 2022, the City Council voted in favor of a resolution to support the City being selected to host FWC26 games. (Attachment 2)
On June 16, 2022, FIFA announced the 16 regions that will host matches for FWC26 across Canada (2 locations), Mexico (3 locations), and the United States (11 locations). The FWC26 Host Cities are:
• Atlanta (Mercedes-Benz Stadium)
• Boston (Gillette Stadium)
• Dallas (AT&T Stadium)
• Guadalajara, Mexico (Estadio Akron)
• Houston (NRG Stadium)
• Kansas City (Arrowhead Stadium)
• Los Angeles (SoFi Stadium)
• Mexico City, Mexico (Estadio Azteca)
• Miami (Hard Rock Stadium)
• Monterrey, Mexico (Estadio BBVA)
• New York / New Jersey (MetLife Stadium)
• Philadelphia (Lincoln Financial Field)
• San Francisco Bay Area (Levi’s Stadium)
• Seattle (Lumen Field)
• Toronto, Canada (BMO Field)
• Vancouver, Canada (BC Place)
On May 23, 2023, the City Council and Stadium Authority Board voted to adopt the Santa Clara City Council Guiding Principles for FWC26 and directed the City Manager/Executive Director and City Attorney/Stadium Authority Counsel to negotiate and execute an Information Sharing and Event Cooperation Agreement with the Bay Area Host Committee, United States Soccer Federation, FIFA, and Forty Niners Stadium Management Company LLC, to facilitate information sharing.
Guiding Principles for FWC26
1. Professionally oversee FIFA World Cup 2026 events in a manner that positively highlights the City of Santa Clara and celebrates the rich diversity of Santa Clara’s neighborhoods.
2. Attain reimbursement of all event costs, including public safety (pre- and post-event costs).
3. Ensure direct benefits to the Santa Clara community and Santa Clara businesses.
4. Plan and provide for communication and engagement with residential neighborhoods adjacent to Levi’s Stadium and other venues that will be utilized for large events.
5. Ensure specific benefits to and involvement of Santa Clara youth and adult soccer programs.
6. Seek revenue generating utilization of the Santa Clara Convention Center and other event and recreation spaces (including college and school facilities) in the City of Santa Clara without any impact to the General Fund.
7. Seek mitigation of City and Stadium Authority financial risks and liabilities.
8. Engage in transparent communication on pre-planning efforts, with periodic progress reports to the City Council, including reports published on the City’s website to promote engagement and awareness for residential neighborhoods adjacent to the Stadium and the City as a whole.
9. Pledge that the Santa Clara City Council, Stadium Authority Board, and City staff will follow the law, act ethically and transparently with the expectation that other parties do the same.
On February 4, 2024, FIFA announced the match schedule for FWC26. Levi’s Stadium will host matches on June 13, 16, 19, 22 and 25 and July 1, 2026. The June matches are “group” matches, and the July 1 match is considered a “knockout” match for two of the teams that advanced out of the group stage.
Key Entities Related to Hosting FWC26
Should the Council/Stadium Authority Board authorize the proposed agreements, several major entities will have responsibilities and relationships with the City and Stadium Authority in relation to hosting FWC26 at Levi’s Stadium. A list of the entities and their respective roles is provided below.
• Bay Area Host Committee (BAHC)
The Bay Area Host Committee, a non-profit 501(c)(6) organization, exists for the primary purpose of facilitating positive economic and societal impact to the region through major sporting events. The non-profit corporation is focused on bringing world-class events to the Bay Area to drive economic vitality, foster community-wide engagement, instill civic pride, and elevate global recognition. BAHC’s Board of Directors is comprised of regional leaders and representatives from professional sports teams-including Bay FC, the Golden State Warriors, the Golden State Valkyries, the San Francisco 49ers, the San Francisco Giants, the San Jose Earthquakes, and the San Jose Sharks.
• FIFA
FIFA is soccer's international governing body that organizes the FIFA World Cup, an international competition between FIFA's national teams. FIFA has formed a subsidiary organization, FIFA World Cup 2026, Inc., to oversee FWC26.
• Santa Clara Stadium Authority (Stadium Authority)
The Santa Clara Stadium Authority exists as a public body, separate and distinct from the City of Santa Clara, and was established to provide for the development and operation of Levi's® Stadium. The elected members of the City Council serve as the governing board for the Authority, with the Mayor serving as chair, the City Manager as the Executive Director, and the City Attorney as the Authority’s General Counsel. Levi’s® Stadium, the region’s premier sports and entertainment venue, is home to the San Francisco 49ers and future host site of Super Bowl LX and FIFA World Cup in 2026.
• City of Santa Clara
This City of Santa Clara is the local jurisdiction where Levi's Stadium is located, and lead agency responsible for public safety, transportation management, and permitting for the events.
• Forty Niners Entities
o Forty Niners SC Stadium Company, LLC (StadCo)
StadCo leases Levi's Stadium for NFL games.
o Forty Niners Stadium Manager Company LLC (ManCo/Stadium Manager)
ManCo/Stadium Manager manages Levi's Stadium on behalf of StadCo and Stadium Authority under the terms of a formal Management Agreement
o Forty Niners Football Company LLC (TeamCo)
TeamCo operates as a business and management arm of the 49ers organization, overseeing the team's interests in Levi’s Stadium and related NFL team operations.
• Regional, State, and Federal Government Partners
Governmental entities from the regional, state, and federal level will work with City, Stadium Authority and BAHC on emergency planning, transportation coordination, public safety, and other items for FWC26. Such entities include but are not limited to: Valley Transit Authority (VTA), Bay Area Transit Authority (BART), CalTran, City of San Francisco, City of San Jose, CalOES, Federal Bureau of Investigations (FBI), Department of Homeland Security (DHS).
Major Events Informational Reports
City and Stadium Authority staff presented Informational Reports on Super Bowl LX (“SBLX”) and FWC26 on the following dates: September 26, 2023, March 5, 2024, August 27, 2024, and December 10, 2024.
On September 26, 2023, staff presented a general Informational Report on FWC26 and SBLX. Information on the September 26 update to the City Council/SCSA Board can be found on the City’s website at: <https://www.santaclaraca.gov/our-city/santa-clara-stadium-authority/super-bowl-60-and-fifa-world-cup>, under “Public Meetings.” The report included the following items:
• Overview of a staff 2026 Major Events Executive Steering Committee to coordinate preparations for FWC26 and SBLX, focusing on public safety, communications, and community engagement.
• Regular meetings with the Bay Area Host Committee (“BAHC”) have addressed topics like organizational structure, event logistics, and government integration.
• The City also executed the City Council/Board approved Information Sharing Agreement with BAHC, FIFA, and the Forty Niners Stadium Management Company LLC (“ManCo” or “Stadium Manager”) to manage information sharing, maintain confidentiality, and assure compliance with the California Public Records Act (CPRA). A copy of the Information Sharing and Event Cooperation Agreement can be found on the City’s website at: <https://www.santaclaraca.gov/home/showpublisheddocument/81807/638309870956730000.> Through the Agreement, FIFA, BAHC, and ManCo agreed to provide the City/Stadium Authority with access to key World Cup-related agreements while ensuring confidentiality for sensitive information. The agreements were categorized into three groups: (1) agreements directly involving the City/Stadium Authority, which could be disclosed with redactions; (2) agreements affecting the City/Stadium Authority but not signed by them, which could be reviewed but not possessed; and (3) agreements indirectly related to the event, where access was determined on a case-by-case basis. Confidentiality protocols were established, requiring designated personnel to sign a confidentiality agreement before reviewing restricted documents. A process was also put in place to handle public records requests while protecting exempt information.
• Staff committed to providing periodic informational reports on planning efforts for FWC26 and SBLX.
On March 5, 2024, staff and BAHC presented an Informational Report on SBLX and FWC26 Updates. Information on the March 5, 2024 update to the City Council/SCSA can be found on the City’s website at: <https://www.santaclaraca.gov/our-city/santa-clara-stadium-authority/super-bowl-60-and-fifa-world-cup>, under “Public Meetings.” The discussion and Council/Board action included the following items:
• Staff made two recommendations that were unanimously approved by City Council/Stadium Authority Board:
o Note and file informational report on SBLX and FWC26 updates; and
o Adopt the SBLX Guiding Principles
• Additional discussion Items related to FWC26 included:
o Major Events Key Stakeholders: Staff provided information on the stakeholder structure, roles of key stakeholders, and their responsibilities and relationships with the City and Stadium Authority for the 2026 Major Events (as listed above).
o Recent and Current City and Stadium Authority Work Efforts:
§ Acquisition of key FWC26 documents
§ Negotiations for assignment and assumption of FWC26 responsibilities and costs
§ City infrastructure and resources
§ Additional personnel in the Police Department’s Special Operations Division
§ Stadium capital project oversight
§ Information obtained from participation in programs at Super Bowl LVIII in Las Vegas, NV.
§ Conferences and meetings with key stakeholders
o Planned and anticipated city and stadium authority work efforts related to:
§ Emergency management planning
§ Public safety planning
§ Negotiation and execution of an Assignment and Assumption Agreement and other relevant agreements required for FWC26
§ Community partnerships and outreach
On August 27, 2024, staff presented an Informational Report on Super Bowl LX and FIFA World Cup 2026 Updates. Information on the August 27, 2024 update to the City Council/SCSA Board can be found on the City’s website at: <https://www.santaclaraca.gov/our-city/santa-clara-stadium-authority/super-bowl-60-and-fifa-world-cup>, under “Public Meetings.” The discussion included the following items related to FWC26:
• Detailed cost and planning strategy for FWC26, which involves actively tracking and managing eligible event-related expenses, reimbursed by BAHC under an Interim Funding Agreement that was executed in August 2024. This agreement enables the City to obtain reimbursement of preliminary planning costs, including public safety, staff training, and equipment needs. Eligible costs are tracked through payroll codes and staff allocation which started July 1, 2024. For costs incurred prior to this date, staff hours were reclassified to specific FWC26 activities, as detailed below:
o Between May 2023 and June 2024, staff spent around 584 hours on FWC26 activities. A total of $141,017 for SCSA Budgeted Staff was covered under the Stadium Authority’s approved budgets, and $24,845 for Non-SCSA Budgeted Staff remains unreimbursed. (Update: Although BAHC has not agreed to directly cover these costs, they may be reimbursed if government funding becomes available, or the Stadium Authority may pay them, consistent with past large events like Super Bowl 50 and the 2019 College Football Playoff National Championship.)
• Key recent initiatives discussed included:
o Public Safety and Emergency Planning. Staff noted that they were actively engaged in planning sessions and training to ensure robust safety measures for these high-profile events. The City Council/Stadium Authority Board was also informed that updated directives provided further guidance to staff on time tracking, ensuring full cost recovery for services related to stadium operations, as mandated by Measure J. Measure J provides that the City’s general fund shall not be liable for Stadium Authority operations; accordingly all City staff work related to the 2026 FIFA World Cup (FWC26) and other stadium events is being tracked and reimbursed.
o Emergency planning updates were presented to the Emergency Operational Area Council (EOAC), a regional group prioritizing safety and funding for major events. City representatives, including Councilmember Karen Hardy, participated actively in these forums to align local plans with regional priorities.
• Infrastructure and venue preparations discussed included:
o Modifications are required to the field (“bowl”) to meet FIFA’s field standards. This includes expanding the playing area to include demountable structures for greater flexibility in future events. Plans for the project and a permit application were submitted and being reviewed by the City. It is anticipated that all modification costs will be paid by BAHC. (Note: this has been achieved in the negotiated agreements, with the addition of a guarantee by the 49ers (TeamCo) of field improvements costs. More information on this project and its current status is provided later in this report.
o Infrastructure and permitting meetings have also focused on stadium logistics, such as access control, signage compliance, and seating configurations specific to FIFA’s field requirements.
• City participation in national security and safety conferences discussed included:
o City staff attended the National Homeland Security Conference, where they gathered insights on emergency response, AI in safety management, and victim assistance. They participated in FIFA-hosted seminars and discussions on best practices with other host cities, emphasizing coordination for a seamless World Cup event.
o The Police Department’s Special Operations Division attended the National Center for Sports Safety and Security (NCS4) conference. This event offered training and collaboration with FIFA representatives, reinforcing readiness for Super Bowl and World Cup safety protocols.
o Santa Clara also hosted a Cybersecurity Tabletop Exercise, involving regional and federal agencies like the FBI and DHS, to simulate and prepare for potential cyber threats during the 2026 events.
• Community engagement and regional collaboration discussed included:
o Santa Clara's leadership, including Mayor Lisa Gillmor, participated in the Bloomberg Harvard City Leadership Initiative, focused on enhancing transparency, community engagement, and accountability related to the 2026 Major Events. This initiative allows city officials to refine communication and involvement strategies to ensure that these events benefit the local community.
• Additional items discussed included:
o The City participated in FIFA-led planning groups, where representatives from host cities discuss operational progress and exchange best practices.
o Staff mentioned that upcoming efforts will continue with emergency planning, public safety meetings, a FIFA-led permitting meeting in September 2024, and oversight of stadium capital projects.
On December 10, 2024, staff, along with BAHC and ManCo representatives, presented information and answered questions from the City Council/Stadium Authority Board. The presentation covered key aspects of hosting the 2026 FIFA Men’s World Cup at Levi’s Stadium, including related documents and agreements, estimated event costs, assignment terms, and necessary facility improvements. Information on the December 10, 2024 update to the City Council/SCSA Board can be found on the City’s website at: <https://www.santaclaraca.gov/our-city/santa-clara-stadium-authority/super-bowl-60-and-fifa-world-cup>, under “Public Meetings.” This update included:
• Participation in key meetings and public safety and emergency preparedness conferences attended by staff between August 28 to December 6, 2024:
o August 28, 2024 - Levi’s Stadium Emergency Response Tabletop Exercise, Santa Clara, CA
o September 4, 2024 - FIFA-led permitting meeting at Levi’s Stadium, Santa Clara, CA
o September 18-19, 2024 - Sports and Special Event Risk Management Training, San Jose, CA (Texas A&M Engineering)
o October 1, 2024 - Mass Casualty & Emerging Threats Tabletop Exercise, San Carlos, CA (FBI, NCRIC)
o October 7-8, 2024 - Sports Venue Evacuation and Protective Actions Training MGT-412, San Jose, CA (Texas A&M Engineering)
o October 29-30, 2024 - Urban Areas Security Initiative Public Safety Preparedness Summit, San Francisco, CA
o October 28 and 30, and November 2, 6 and 7, 2024 - Crowd Management, Mobile Field Force Training, Santa Clara, CA (SCPD Department-wide training, various dates)
• Timeline and Disclosure of Agreements:
o Compliance with Measure J and Event Cost Reimbursement:
§ As of September 2024, the City submitted and received reimbursement for three invoices totaling $34,062.58, with additional invoices expected for October through December.
§ (Update: As of February 6, 2025, the October 2024 invoice totaling $57,693.57 that was submitted on January 15, 2025 was approved and paid; the December invoice that was submitted on January 31, 2025 was approved and is pending payment; and the November 2024 invoice totaling $19,304.61 that was submitted on January 15, 2025 is pending final approval. The balance available for reimbursement at the $150,000 cap is $26,895.38, which assumes all invoices are approved at the requested amounts.)
• Financial Protections and Revenue Sharing
• Key Terms of the Draft Agreement
• Stadium Modifications and Infrastructure Improvements
• Additional Draft Terms and Community Impact:
o The draft agreement outlines several additional provisions, including expedited permit processing, cooperation with FIFA on security, marketing of City assets, and support for community benefit programs. BAHC has committed to ensuring youth sports programs can access alternative fields if necessary.
DISCUSSION
Since early 2023, all parties have generally agreed that the best approach to having the World Cup Event at Levi’s Stadium, while mitigating Stadium Authority and City liability for what was expected to be a money-losing event (given that ticket revenues are retained by the event owner (FIFA) and hosting responsibilities must be borne the hosting region), was to enter into an agreement whereby ManCo would assign all obligations under the World Cup Stadium Agreement to the BAHC. This would include a commitment from the BAHC to reimburse the City for all event-related public safety costs. The logic of this approach was borne out once staff was able to obtain and analyze unredacted versions of the key FIFA documents (in particular, the Stadium Agreement and the Addendum), and the number and timing of when the proposed matches at the Stadium were announced. Accordingly, since late 2023 and throughout 2024, a substantial amount of time has been dedicated to developing and negotiating appropriate terms for an Assignment and Assumption agreement among the BAHC, the City, the Stadium Authority, and ManCo. The resulting agreement does two main things. First, it places the responsibility on the BAHC, working with ManCo, to fulfill all Stadium Agreement obligations at a limited, specifically defined cost to the Stadium Authority. Second, it provides that the City will be the lead local agency in providing security at and around the Stadium for the events, with assurances that the City will be reimbursed for its costs.
The risks to the City are addressed through several robust mechanisms. These include (a) the implementation of a detailed and transparent reimbursement process for BAHC to pay the City for its “Qualified Event Expenses,” ensuring that the City is compensated fairly, and in a timely manner for City’s full range of “World Cup Support Services” that City will be providing the event; and (b) a clear and efficient dispute resolution framework to handle any disagreements that may arise with respect to such expenses.
To further protect the City’s financial interests, the agreement also requires substantial “Advance Payments” of projected actual event expenses before invoices are submitted. Perhaps most significantly, the Agreement also provides for and a guarantee from the 49ers (TeamCo) of 100% of all “Qualified Event Expenses” owed to the City, any unpaid costs for the required Field Improvements, and costs associated with any third-party approvals or buyouts necessary to accommodate FIFA’s substantial rights under the Stadium Agreement. This guaranty agreement ensures that if BAHC is unable to meet its reimbursement and key Stadium Agreement obligations for the benefit of City and Stadium Authority, TeamCo will be legally required to cover any shortfall.
The agreement also includes provisions, such as a $6 per ticket surcharge, that provide opportunities for the Stadium Authority and the City to generate revenue from the event. While event-related revenues are anticipated to be lower than actual expenses, these revenue-sharing mechanisms help offset the financial impact and support the City and Stadium Authority’s broader fiscal strategy. Collectively, these measures balance the potential risks and benefits, ensuring that the City and Stadium Authority are adequately safeguarded while supporting the successful execution of the event.
These terms, and others, have now been fully negotiated among the parties and memorialized in the proposed form of “FIFA World Cup 2026 Assignment and Assumption Agreement” attached to this report (“Agreement”). The negotiated terms of the related guarantee from TeamCo have also been fully documented in the attached proposed form of “Guaranty of Certain 2026 FIFA World Cup Obligations” (“Guaranty”).
The following is a summary of the key terms of the Assignment and Assumption Agreement and the Guaranty Agreement.
1. ManCo to Assign all Stadium Agreement Obligations and Rights to BAHC
[Agreement Sections 1 and 3.1]
a. BAHC obligations include everything set forth in the Stadium Agreement initially entered into between ManCo and United States Soccer Federation (now FIFA), as amended, except as otherwise expressly provided in the Agreement,. [Section 1.1]
Note: The total cost of such obligations, including BAHC’s own event costs, public safety costs to be paid to the City (described in Section 3, below), and the Capital Improvement obligations (described in Section 10, below), are estimated to be in the range of $45 million to $50 million.
b. In consideration of assuming all such obligations, BAHC will be entitled to receive all payments for “Basic Services” to be made by FIFA under the Stadium Agreement. Pursuant to the Amended and Restated Addendum to the Stadium Agreement (Section 3 and Exhibit B) such payments shall be paid in the form of cost based, variable “rental fees.” Total payments are projected to be approximately $13.5 million (based on a payment of $1.5 million for each of the 6 match days and, $150,000 for each of the 30 projected non-match days), but may be more or less if the number of non-match days is adjusted. BAHC shall also have the right to any revenues generated from its resales of allocated Hospitality Packages and Suites. [Section 3.1.1]
c. Because BAHC will be assigned and assume all obligations under the Stadium Agreement, the Agreement provides for FIFA to approve the assignment (as required under Section 16.7 of the Stadium Agreement); the FIFA approval also provides for FIFA’s release of the Stadium Authority from all such obligations. FIFA’s approval is a condition to the effectiveness of the Agreement [Section 1.2 and Exhibit A].
2. Subject to Reimbursement, City shall Provide all Necessary Local Security, Transportation and Related Event Services (“World Cup Support Services”) in Accordance with a City Approved “Public Safety Plan”
[Agreement Sections 2.1 and 5.3]
a. “World Cup Support Services” include what’s typically involved in support of any non-NFL event at the Stadium, plus, given the unique nature of the event, additional security services/standards required by federal, state and regional agencies, and FIFA. [Section 2.1]
b. City to produce a Public Safety Plan, with input from all stakeholders, as the guideline for event security and related services. [Section 5.3]
c. Ultimately, City (SCPD) has final approval over the Public Safety Plan; and the City will be local agency responsible for Public Safety Plan implementation. [Section 5.3]
d. Public Safety Plan will include Event Overview, Goals and Objectives, Roles and Responsibilities, Incident Command System (ICS) Framework, Risk Assessment, Emergency Communications Plan, Crowd Management Plan, Security Measures, Emergency Medical Service (EMS), Evacuation Plan, Severe Weather Preparedness, Coordination with Federal Resources, Community Impact Mitigation, and Post Event Review. [Section 5.3]
3. BAHC Responsible to Reimburse City/Stadium Authority for all “Qualified Event Expenses”
[Agreement Sections 2.1 and 2.2]
a. “Qualified Event Expenses” include all actual and reasonable cost incurred by City/Stadium Authority that are necessary to support World Cup Support Services at and around the Stadium. Categories of expenses include “Event Planning and Training Expenses,” “Actual Event Expenses,” “Required Equipment Expenses,” and “Miscellaneous or Unexpected Expenses.” [Section 2.1 and Exhibit B]
b. Preliminary Cost Estimate: Public safety planning and training activities are currently estimated to cost $2,402,093; equipment costs are estimated at $461,668; and actual event costs are estimated to be $8,522,927, for a total of $11,386,688. [Agreement Section 2.2.1 and Exhibit C]
c. This Preliminary Cost Estimate is to be updated periodically, at least every 2 months, based on new information regarding costs or requirements. [Agreement Section 2.2.2]
d. BAHC’s ultimate reimbursement obligation is to pay whatever actual and reasonable “Qualified Event Costs” are incurred and invoiced, even if such amount is above the final “Updated Cost Estimate.” [Section 2.2.3]
4. Invoicing and Reimbursement Process for Pre-Event Expenses
[Agreement Section 2.3.2]
a. In general, Event Planning and Training expenses are to be billed monthly using processes and forms similar to what parties have used under the Interim Funding Agreement. [Section 2.3.2.a]
b. BAHC may request additional information or reasonably dispute requested reimbursement items. [Section 2.3.2.b and c]
c. After review and approval, BAHC will pay all undisputed items and set aside disputed amounts; if disputed amounts balance exceeds $50K, such amounts to be deposited into a Dispute Escrow Account. [Section 2.3.2.d]
d. Parties will meet and confer to resolve disputes; if disputed amounts exceed $200K, either party can trigger expedited Dispute Resolution through binding mediation. [Section 2.3.2.d and 2.5.2]
5. Invoicing and Reimbursement Process of Actual Event Expenses
[Agreement Section 2.3.3]
a. To assure payment of “Actual Event Expenses,” BAHC agrees to make “Advance Payments” to the City as follows: (1) by May 1, 2026, 50% of the then estimated Actual Event Expenses (based on current cost estimates this payment would be approximately $4.2 million); and (2) by June 22, 2026, 25% of the then estimated Actual Event Expenses cost (based upon current estimates, this payment would be approximately $2.2 million). [Section 2.3.3.a through c]
b. Invoices for Actual Event Expenses incurred during the “Primary Event Operations Period” (June 7 through July 4, 2026) to be submitted on or before August 21, 2026, with a proposed “Final Payment Request” to be submitted on or before September 18, 2026. Note: possible provision for a “clean up” payment request for any outstanding third-party costs still under discussion. [Section 2.3.3.d]
c. BAHC reserves the right to request additional information and reasonably dispute requested reimbursements similar to process for Pre-Event Expenses, with parties meeting and conferring to resolve disputes, and deposits of any disputed amounts into the “Dispute Escrow Account.” [Sections 2.3.3.e and f]
d. If parties are unable to resolve any dispute(s), the matter(s) will be decided through binding arbitration. [Sections 2.3.3.f and 2.5]
e. Subject to offset for Advance Payments amounts already paid, and any disputed amounts submitted to arbitration, BAHC shall pay all remaining amounts owed within sixty (60) days of City’s final invoice. [Section 2.3.3.g]
6. Special Rules for Equipment and Miscellaneous Expenses
[Agreement Sections 2.3.4 and 2.3.5]
a. The cost of additional equipment required for the World Cup matches will also be reimbursed by BAHC. Needed equipment to be listed on Exhibit C, with updates as necessary. [Section 2.3.4.a and b, and Exhibit C]
b. If equipment is to be purchased and used for World Cup events only, BAHC prior approval is required; if it is to be retained by City for future use, it will be leased to BAHC at reasonable rates; if it is not to be retained, BAHC shall be entitled to equipment itself of salvage/sale proceeds. [Section 2.3.4.c and d.]
c. If equipment can be leased instead of purchased this is preferred; third party leased costs will be passed through to BAHC as a Qualified Event Expense. [Section 2.3.4.d]
d. Miscellaneous or unexpected costs to discussed and reasonably agreed to by the parties [Section 2.1 and 2.3.5].
e. Equipment costs and approved miscellaneous costs to be submitted for reimbursement with the next scheduled Payment Request. [Section 2.3.4.c and 2.3.5]
7. 49ers (TeamCo) to Guarantee BAHC’s Qualified Event Expenses Reimbursement Obligation, Payments for Field Improvements and Third-Party Approval/Buyout Costs
[Agreement Section 5.16 and Guaranty]
a. As a condition to the effectiveness of the Assignment and Assumption Agreement, ManCo shall cause TeamCo to enter into a Guaranty Agreement for the benefit of City/Stadium Authority whereby TeamCo guarantees: (1) the cost of any third-party approvals or buyout costs necessitated by FIFA’s rights under the terms of the Stadium Agreement [Guaranty Section 3]; (2) BAHC’s obligation to reimburse City/Stadium Authority for all Qualified Event Expenses [Guaranty Section 4]; and
(3) the cost of all required Stadium Improvements, including the Field Improvements (estimated at $20 to $25 million). [Guaranty Section 5]
b. TeamCo’s guarantee obligation with respect to any Qualified Event Expenses owed to City/Stadum Authority, but unpaid by BAHC, will be partially offset by Stadium Authority’s agreement to contribute a percentage of its Surcharge Revenues received towards such obligation. The amount of Stadium Authority’s surcharge contribution shall be equal to the lesser of (i) 20% of the Guaranty obligation amount, and (ii) 90% of the actual Surcharge Revenues received (still under negotiation), not to exceed $200,000. [Guaranty Section 4.b].
c. If BAHC fails to make an Advance Payment due to the City, City will notify TeamCo and TeamCo can cure the default in order to avoid interest accrual (see Section d., below). Otherwise, TeamCo’s Guaranty obligation will be is triggered thirty (30) days after BAHC’s final payment of Qualified Event Expenses is due. [Guaranty Section 4.a and 4.d]
d. TeamCo’s Guaranty does not cover BAHC’s obligation to pay “default interest,” on Qualified Event Expenses due but not paid. (Per Section 7.1 of the Agreement, BAHC default interest on amounts due but unpaid accrue interest at the rate of 15% per year.) TeamCo would be liable for interest, however at 6% per annum (1) on any unpaid Advance Payment(s) starting 75 days after such payment was due but not paid, and (2) immediately upon Guarantor’s failure to pay any amounts it owes under the Guaranty. [Guaranty Section 4.d]
e. If BAHC successfully disputes a request for reimbursement, Guarantor’s obligations would be adjusted accordingly. [Guaranty Section 4.c] With respect to City/Stadium Authority’s Final Payment Request, TeamCo to have a limited right to dispute City/Stadium Authority’s request for reimbursement of Qualified Event Expenses not otherwise disputed by BAHC, under the same standards set forth in the Agreement that are applicable to BAHC’s reimbursement obligations/dispute rights. [Guaranty Section 4.a]
8. Revenues under the Stadium Agreement and Agreed Upon Ticket Surcharge to the Stadium Authority
[Agreement Section 3]
a. BAHC shall receive payments for “Basic Services” (estimated at $13.5 million, as described in Section 1.b, above), and shall also be entitled to generate revenue from resale of a limited number of allocated Suites and possible commissions from local sales of Hospitality Packages under contract with FIFA’s designated sales agent. [Section 3.1.1]
b. ManCo is representing that StadCo is being required to purchase Owner’s Suites to satisfy existing obligations to Suite Holders and that it shall not receive revenues from the sale of Suites. [Section 3.1.2]
c. Stadium Authority is to receive a $4 to $6 ticket surcharge on each ticket sold to World Cup matches (FIFA has agreed to this in the Addendum to the Stadium Agreement.). ManCo is to exercise best efforts to work with FIFA to implement the $6 surcharge consistent with current surcharge protocols for other Non-NFL Events. If for whatever reason the ultimate ticket surcharge rate implemented by FIFA is less than $6, BAHC shall develop a financial mechanism to assure that Stadium Authority will receive revenues that result in it receiving the equivalent of a $6 surcharge. Assuming 60,000 “sold” tickets per game, at the $6 rate, ManCo is projecting $2.16 million in Surcharge revenues. [Section 3.2.1]
d. Surcharge amounts received will be deposited 50% into the Stadium Authority general revenue account and 50% into the Discretionary Fund consistent with the terms of Section 12.1 Stadium Lease [Section 3.2.2]
9. Cooperation on Federal and State Funding
[Agreement Section 3.3]
a. The Parties agree to cooperate to obtain private and public sources of funding to help offset Qualified Event Expenses, ideally with earmarks for that purpose. [Section 3.3.1]
b. Cooperation includes seeking maximum allocation from existing State OES Funding to be administered by Santa Clara County. [Section 3.3.2]
c. If “New Government Funding” is actually paid to City/Stadium Authority for Qualified Event Expenses, BAHC’s obligations will be offset by the amount received by City. If funding is committed, but not yet received, parties to meet and confer to see if any corresponding BAHC obligations may be offset pending the actual receipt of funding, subject to final, reasonable City approval. BAHC will remain ultimately responsible if government funding is not ultimately received. [Section 3.3.3]
d. After BAHC’s primary reimbursement obligations are satisfied, any remaining New Government Funding may also be used to reimburse up to $150,000 of City’s otherwise “unreimbursed pre-planning costs” incurred prior to the July 1, 2024. [Section 2.3.6]
Note: There are two staff reclassification categories: a) Staff that have a portion of their time allocated in the Stadium Authority budget (SCSA Budgeted Staff); and b) Staff that do not budget a portion of their time for Stadium Authority work (Non-SCSA Budgeted Staff). Non-SCSA Budgeted Staff spent approximately 106 approximate hours costing $24,845 on FWC26-related activities (Unreimbursed Pre-Planning Costs). These costs include staff time from across the City organization, primarily in the departments of Community Development, Police, and Office of Emergency Management. Activities related to the 106 hours vary from initial departmental meetings after the announcement of the FIFA match schedule, to research by individuals staff members to understand the potential impact of the FWC26 events on City operations.
10. Stadium Improvements
[Agreement Section 4]
a. Any FIFA required Stadium Improvements shall by BAHC’s responsibility, with the primary required improvements to be modifications to the seating and the field surface to bring the field into compliance with FIFA standards (“Field Improvements”). As more particularly described in this report, below, the Field Improvements include modifications to seating at the corners (so that seats can be removed and replaced to enlarge the playing surface), and enhanced venting and draining systems beneath the turf. [Section 4.1]
b. With the approval of the Assignment and Assumption Agreement, Stadium Authority will also be approving the Field Improvements. City has already approved the building permits. Any other Stadium Improvements must also be approved by City and Stadium Authority [Section 4.2]
c. ManCo shall be responsible for implementing the Field Improvements on behalf of BAHC in accordance with the approved plans, all applicable laws, FIFA’s requirements and Stadium Authority procurement requirements for private improvements. ManCo must only use private funding sources, make no claims against Stadium Authority funds, and BAHC must indemnify the Stadium Authority against third party claims. The project shall be implemented so as not to interfere with other Stadium events. [Sections 4.3.1 through 4.3.4]
d. After the event, the Field Improvements (and any other Stadium Improvement) will become the sole property of Stadium Authority; provided, however, BAHC shall be entitled to remove the Improvements so long as the Stadium and the field is restored, at BAHC’s cost, to its previous condition. [Section 4.3.5]
e. The estimated cost of the Field Improvements is between $20 and 25 million. In consideration for BAHC’s funding of these improvements, Stadium Authority and BAHC to negotiate Stadium access/benefits to be determined (e.g., no cost access to certain Stadium office space and/or event space, so long as actual direct costs are paid, and other scheduled events are not displaced). [Section 4.3.7]
11. Additional Agreements
[Agreement Section 5]
a. Permitting. City to work in good faith to expedite permit processing; BAHC to pay all customary processing and permit fees. [Section 5.1]
b. Communications with FIFA. Parties to cooperate in communications with FIFA to obtain key information needed regarding security matters, other possible FIFA requirements, marketing opportunities for City assets, ticket surcharge implementation, and availability of Stadium for alternative uses during Non-Exclusive Event time periods. [Section 5.2]
c. Convention Center Use. BAHC to book desired use of Convention Center during the World Cup Event time period by April 1, 2025, at applicable rates, or Convention Center operator will be free to market to third parties for alternative uses. [Section 5.4]
d. Youth Sports Park (YSP). Parties to work with FIFA to maintain access to and use of the YSP by youth sports programs. To the extent access is limited, the Parties will cooperate to identify and obtain access to alternative fields at equivalent rates or provide some other form of support for displaced youth programs. Any FIFA use of the YSP is subject to City approval and will require restoration of the YSP to its previous condition at BAHC’s cost. [Section 5.6]
e. Third Party Approvals/Buyouts.
(i) Except as provided below, BAHC and ManCo shall be responsible for obtaining any third-party approvals, waivers or buyouts required from parties with contractual or ticket purchase rights adversely affected by FIFA’s rights under the Stadium Agreement and shall indemnify City/Stadium Authority against claims from same. [Section 5.7.1]
(ii) Stadium Authority shall be responsible for purchasing on behalf of Levi Strauss & Company (“Levi’s) under the terms of Stadium Authority’s Naming Rights Agreement with Levi’s for each World Cup Match, the Levi’s suite and ticket allocation to which Levi’s is entitled under Sections 5 and 6 of Schedule 1. The estimated (not to exceed) cost for such purchase is $1.625 million. [Section 5.7.2]
f. Accounting Requirements. ManCo to be responsible for providing a final accounting of event costs to BAHC and ticket surcharge revenues to Stadium Authority in accordance with existing standards for Non-NFL Events. Costs for this accounting to be negotiated between ManCo and BAHC and charged to BAHC as an event expense. ManCo to keep records necessary for Stadium Authority to confirm that no event specific costs are being charged to Stadium Authority for the event. [Section 5.8.1] Each party reserves the right to conduct an independent accounting of its World Cup Events costs and revenues at its cost. [Section 5.8.2]
g. Conflicts of Interest. In implementing its obligations under the Agreement, ManCo is obligated to comply with all standards under the Management Agreement, including the conflict-of-interest policy previously approved by Stadium Authority and adopted by ManCo. [Section 5.9.1] BAHC represents that no ManCo or StadCo official has or shall participate on behalf of BAHC in connection with BAHC’s negotiations, approval or implementation of its obligations to Stadium Authority under the Assignment and Assumption agreement. This restriction will not apply to fundraising efforts or with respect to BAHC’s independent obligations under the Host City Agreement between BAHC and FIFA. [Section 5.9.2] All parties shall comply with applicable federal, state and local laws, including conflict of interest laws, in connection with the Agreement and the implementation of the event. [Section 5.9.3]
h. No City Waiver of Local Laws, Taxes or Fees. City has not agreed to any waiver of local laws, taxes or fees in connection with the World Cup events and reserves its rights in its sole discretion to approve or disapprove any such request. [Section 5.10]
i. Marketing of City Assets. BAHC and ManCo agree to cooperate with City in the marketing of any City assets it believes may be of value to FIFA or FIFA’s “Commercial Affiliates”. [Section 5.11]
j. Community Benefit Programs. BAHC is developing a “community legacy program” that it intends to implement throughout the region, including the City of Santa Clara, as part of its support of the World Cup and other Major Events. BAHC agrees to make best efforts to ensure that the City and possible beneficiaries of the program operating or residing within the City are made aware of program initiatives and opportunities. [Section 5.12]
k. ManCo’s Obligation to Mitigate Pre-Empted Non-NFL Events. ManCo agrees to develop and implement an enhanced Marketing Plan for the 2026/27 Stadium Authority operating year to help address any lost revenues from non-ticketed or ticketed events that may be displaced by the World Cup. The Marketing Plan shall be subject to Stadium Authority approval and shall include, among other things coordination with FIFA to maximize Stadium use during Non-Exclusive periods, and enhanced marketing efforts for events prior to and after the World Cup. [Section 5.13]
l. Clean Zone/Ambush Marketing. City agrees to consider any reasonable FIFA proposal for additional regulations or enforcement of “clean zone” and “ambush marketing” standards, subject to applicable federal and state laws. By law, City reserves the right to approve or disapprove any such proposal in its sole discretion. [Section 5.14]
m. Point of Sale Designations. BAHC and ManCo shall cooperate with City to have the City of Santa Clara designated as the “point of sale” for transactions that could generate local sales and use taxes related to World Cup Events. [Section 5.15]
12. Legal Provisions.
[Agreement Sections 6 and 7]
a. Indemnities. ManCo and BAHC to defend, protect, defend and hold City and Stadium Authority harmless in connection with their performance of services for the World Cup Events, excluding liabilities ultimately determined to have arisen as a result of the negligence or willful misconduct of City or Stadium Authority. [Section 6.1]
b. Insurance. City/Stadium Authority to maintain “Standard Event Insurance” per existing Non-NFL Event standards throughout the event at their cost; provided, however, BAHC shall bear the cost of any portions of those costs chargeable to events under existing policies, and the incremental costs of any “Specialty Insurance” required as result of enhanced risks presented by World Cup Events. [Section 6.2]
c. Late Payments. Interest will accrue on late payments owed to City/Stadium Authority but not paid (“Delinquent Amounts”) at the rate of 1.25% per month (15% per year) until paid. Disputed amounts not paid shall not be treated as “Delinquent” but, if determined ultimately to be owed, shall themselves accrue interest at the rate of .25% per month (3% per year) from the date originally due. [Section 7.1]
d. Remedies/Dispute Resolution. Parties are entitled to specific performance and monetary damages, but not consequential damages, as remedies for another party’s noticed but uncured default. Unresolved disputes over “Disputed Amounts” are to be submitted to binding arbitration. {Section 7.3]
D. Required Facility Improvements
As noted above, modifications will be required to the Stadium playing field (“bowl”) to accommodate the required field of play for the FIFA World Cup 2026 matches. These modifications will allow the Stadium to comply with the FIFA pitch regulation requirements and will include temporary changes to the seating bowl. The modified system will allow for a system that quickly restores the seating bowl back to the original configuration once the World Cup matches are complete.
The project involves temporary changes to the seating bowl at the four (4) corners / four (4 quadrants) of the Lower inner Bowl at Level 100 sections. The four (4) quadrant areas will require three (3) rows of general seating to be demolished replaced with a demountable structure. The proposed demountable structure is a steel system that quickly restores the seating bowl back to the original configuration once the world cup matches are complete, while allowing for flexibility for any other future turf events that may need adjustments to the pitch of the bowl as well.
The Stadium Manager filed a building permit for the proposed changes in May 2024. City staff and Stadium Authority representatives met with representatives from Stadium Manager bi-weekly to discuss the status of the design and needed improvements for the seating bowl modifications to ensure the proposed design was in compliance with local regulations, codes, and standards. Permit fees were paid, and the City has reviewed and is ready to issue permit. The field improvements are needed for FWC26, however, the project will be a permanent benefit to the Stadium and allow for the hosting of other events at Levi’s Stadium that the Stadium is not currently designed to host, such as rugby matches.
The scope of the project includes demolition of the existing lower precast bowl and structure, installation of a slab on grade with trenching, replacement of precast seating with ADA platforms including demountable platforms and railings, addition of demountable ADA platforms at the upper portion of the lower bowl and installation of grow light outlets in field.
The estimated cost of the project is $25 million and will be paid by the BAHC. As noted above, the terms of the draft Assignment and Assumption Agreement call for ManCo to be responsible for implementing the Field Improvements in accordance with the approved plans, all applicable laws and Stadium Authority procurement requirements. Further, ManCo must only use private funding sources, make no claims against Stadium Authority funds, and BAHC must indemnify the Stadium Authority against third party claims. Additionally, the project shall be implemented so as not to interfere with other Stadium events.
ManCo has informed staff that in order to assure for timely implementation of the Field Improvements (prior to the Metallica concert scheduled for June 20, 2025), construction must begin by no later than February 12, 2025.
NEXT STEPS
Following City Council and Stadium Authority Board approval of the Assignment and Assumption Agreement, staff will issue the permits to allow for the bowl improvements to commence, continue public safety preparations for the event(s), and work with BAHC and other key stakeholders to implement the necessary agreements and prepare the Stadium and the City to host FWC26.
ENVIRONMENTAL REVIEW
The City Council certified the 49ers Santa Clara Stadium Project Environmental Impact Report (EIR) on December 8, 2009. The EIR analyzed the environmental impacts of both the stadium construction and regular operations of large-scale events, including as many as 20 annual major games (by assuming, as a worst case, that two teams would occupy the stadium each year), and expressly including the Super Bowl. The proposed World Cup events are commensurate with the events analyzed by the EIR. Pursuant to CEQA Guidelines section 15162(c), a lead agency cannot reopen environmental review of subsequent actions that fall within the scope of a previously certified EIR.
FISCAL IMPACT
The financial impact of the World Cup Agreements is included in the Discussion section above. In summary, these include the Stadium Improvements, Qualified Event Expenses, costs for pre-event planning, and ticket surcharge revenue. Funding of the $1.6 million Levi’s asset costs will be included in upcoming FY 2025/26 Stadium Authority budget. The World Cup Agreements assign the majority of costs to the BAHC with a TeamCo Guarantee for BAHC-assigned costs. The World Cup Agreements ensure compliance with Measure J, and any costs not covered by BAHC (e.g. pre-event costs) will be funded by the Stadium Authority.
COORDINATION
This report was coordinated between the Offices of the City Manager/Executive Director and City Attorney/Stadium Authority Counsel.
PUBLIC CONTACT
Public contact was made by posting the Council agenda on the City’s official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City’s website and in the City Clerk’s Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk’s Office at (408) 615-2220, email clerk@santaclaraca.gov <mailto:clerk@santaclaraca.gov> or at the public information desk at any City of Santa Clara public library.
Additionally, as noted earlier in this report, staff have provided the City Council/Stadium Authority Board and the public with updates on the progress of negotiations and preparations for FWC26 on a routine basis since 2023. Further, a detailed update on the status of the negotiated terms was presented at a December 10, 2024 meeting, as recapped earlier in this report. Lastly, it is important to note that the proposed agreements, related documents and a summary of the agreement terms were released on Wednesday, February 5, 2025 to the City Council, on the City’s website and announced via email to the subscribers to various distributions lists (City News, Council and Authorities Concurrent Meetings, Stadium Authority News & Agendas).
RECOMMENDATION
Recommendation
1. City Council and Stadium Authority Board approve the proposed FIFA World Cup 2026 Assignment and Assumption Agreement and Guaranty of Certain 2026 FIFA World Cup Obligations (collectively, the “World Cup Agreements”) on the terms, and substantially in the forms presented, and authorize the City Manager/Executive Director to execute such agreements in final forms approved by the City Attorney/Agency Counsel;
2. Stadium Authority Board approve the “Field Improvements” on the terms presented; and
3. Authorize and direct the City Manager/Executive Director to take such other actions as are necessary and appropriate to implement the terms of the World Cup Agreements.
Staff
Reviewed by: Chuck Baker, Assistant City Manager
Approved by: Jovan D. Grogan, City Manager/Executive Director
ATTACHMENTS
1. Mayor’s August 31, 2017 letter in support of World Cup at Levi’s Stadium
2. City Council Resolution No. 22-9057 in support of World Cup at Levi’s Stadium
3. FIFA World Cup 2026 Assignment and Assumption Agreement (Proposed Final Draft)
4. TeamCo Guaranty of Certain 2026 FIFA Assignment Assumption Agreement Obligations (Proposed Final Draft)
5. Addendum to the Stadium Agreement - Redacted APPROVED FOR PUBLIC RELEASE (publicly released December 6, 2024)
6. Stadium Agreement - Redacted APPROVED FOR PUBLIC RELEASE (publicly released December 6, 2024)
7. Amended and Restated Addendum to Stadium Agreement Redacted APPROVED FOR PUBLIC RELEASE (publicly released February 7, 2025)