Would

Hi.

"The competition organisers – the Premier League, Major League Soccer and the US Soccer Federation – would all hope for a box-office encounter between two behemoths of the global game that would maintain the exponential growth of football, which is the bottom line for events like these." [From The Guardian.]

That's from the report written on the 3rd of August about the football (soccer) match between Manchester United and Real Madrid played yesterday, i.e on the 2nd of August, at Michigan Stadium, and won by the MU team 3 - 1.

My question is: what is a grammatical tense form of the "would" in the excerpt?

Is it the past form of "will" which reflects the organisers thinking before the match?

Is it the conditional form of "will" which implies a hypothetical condition?

Or is it the "would" expressing the habitual past occurrence of the hope and maintaining?

Thank you.