Minnesota United FC have released a statement regarding their proposed downtown stadium.

The NASL franchise will move into MLS in 2017 or 2018 (depending on the Los Angeles Football Club) and are in the process of getting a soccer-specific stadium approved prior to their expansion.

A proposal for a privately-funded $120million stadium to be located in Minneapolis' West Loop was put forward recently but a legislative assembly on Tuesday saw Minnesota United come away without an answer.

"Unfortunately the legislature, during the regular legislative session, was unable to reach agreement on a number of important issues including a tax bill, or to consider our request for tax relief and economic development tools that have been used for every professional sport facility as well as many major building projects throughout the state," Minnesota United President Nick Rogers said.

"Our belief that Major League Soccer is a fantastic economic and cultural opportunity for our region is confirmed by the outpouring of support for the soccer experience from current fans, the huge amateur soccer community throughout Minnesota, organizations representing businesses and community-based programs and many municipal and state legislative leaders.

"We feel that our stadium proposal, which is unprecedented and involves no governmental funds for the stadium construction, creates the basis for moving forward in a positive partnership with the community. Accordingly, our organization is assessing all options in search of a solution that will secure a soccer-specific venue and Major League Soccer in Minnesota.

"On behalf of our entire organization, I thank our fans and supporters for their outpouring of support for our continuing efforts."