However, 2008-09 saw the decrease of gate and TV income, co-currently with finishing sixth in Serie A, which saw Roma make a net loss of €1,894,330. On 30 December 2012, Roma club president James Pallotta announced the construction of a new stadium in the Tor di Valle area of Rome. The specific method of qualification for each club results in an assigned slot for the competition (i.e., MEX 1, MEX 2, soccer jersey store etc.). In 1988, he played for the New York Pancyprian-Freedoms of the Cosmopolitan Soccer League as it went to the semifinals of the National Challenge Cup. By 2014, the World Cup was considered an elite sports property on U.S.