Digging deeper into the study, only 15 out of the 29 United Soccer League teams play in soccer-specific stadiums.
The study also found that the majority of season ticket holders live within 10 miles of Slugger Field, suggesting a stadium location near the downtown area would be best.
In the past five years, five soccer-specific stadiums have been built in USL markets, ranging in cost from $4 million to $25 million.
Louisville's population of 1.7 million people ranks 19th highest among the 26 U.S-based USL markets.
"I think the way the sport is growing in the city, that even if (Louisville City) wasn't around forever, that stadium being soccer-specific could be utilized in so many different ways," said Louisville City fan Tom Farmer.