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Spanos Really Wants L.A., Says Yahoo! Sports

Don, you and I might not know if Roski has the investors lined up - but Roski knows, and I'd presume the NFL knows as well. It wouldn't make any sense for Roski to have already spent so much time, effort, and money on this project unless he was confident in his ability to get investors to go along with him on the deal. As Roski has repeatedly stated, the only thing preventing him from breaking ground on the new stadium is the lack of a commitment from a team. And the only thing preventing a team from making a commitment now are the upcoming CBA negotiations. In an earlier post I predicted at least one team, and probably two, would make a commitment to LA in 2012. Two teams, the Chargers and Vikings, look to have a public resolution to their own stadium issues resolved one way or the other in 2012. If either Minneapolis or San Diego rejects public financing for a new stadium, then Roski will have two teams he can work deals with. The Jaguars, Rams, and Bills are teams that might be available as well. As for the Chargers not wanting to give up majority ownership - thats the public stance, who knows for sure what the private stance is. And if there are two teams relocating to LA, Roski could purchase majority interest in one team, and allow the Chargers to keep majority interest in the other. When billions of dollars are at stake, everything is open to negotiation. What surprises me at this late date in the process are the fans who think the Chargers might be bluffing. Fabiani has basically told the public exactly what the Chargers intentions are. They want a new stadium. And I stand by my earlier comment where I predicted that at least one team, and maybe two, will make a commitment to relocate to LA in 2012.
— September 10, 2010 5:33 p.m.

Spanos Really Wants L.A., Says Yahoo! Sports

In response to those who think LA cannot build a stadium because of past failures - It's true that AEG had a proposal 8 years ago to build a new stadium. But to clarify, that proposal didn't fall apart, rather, AEG pulled the plan because the LA Coliseum Commission also had there own plan(and the political muscle). Had AEG stayed the course, they might have been successful, given the fact that they've proven they know what they're doing with the Staples Center project. Now AEG is floating a new plan which they want to incorporate an indoor stadium/convention center that would be a multi-use project. AEG already owns a hotel, which would adjoin the new stadium/convention center and bring in additional revenue to the hotel. Because this project would be a multi-use convention center, as opposed to just a football stadium, the chances of getting public funding would increase. That's why political leaders are listening before giving a flat out "no" to the proposal. As for Roski's proposal - his net worth is estimated to be around 1.5 billion, but that isn't as important as whether or not he has investors lined up to help pay the cost of his $800 million dollar stadium. Roski has given public statements suggesting that he does have investors lined up, and he also claims the NFL is aware of the situation. According to Roski,the problem that has stalled the stadium from going forward is the pending CBA negotiations. Like I stated in an earlier post, NOTHING will be done regarding team relocations until AFTER the CBA deal is finalized. Considering Roski already has the land, already has the environmental reports out of the way, and claims to have investors lined up, it would be foolish for some of you to minimize the real possibility that this deal might become reality just after the CBA is signed. As for the Chargers, if the voters approve funding for a new stadium this discussion becomes a moot point. But the real question is whether or not San Diego will approve funding for a new stadium in this political/economic environment ? And given the fact the the city is in terrible fiscal condition, are the Chargers setting themselves up for defeat at the ballot box ? Which brings us back to the original point here, perhaps Spanos really does dream about moving to LA...
— September 10, 2010 1:51 a.m.

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