LOS ANGELES (AP) — AEG chief executive Tim Leiweke has made his first official sales pitch to City Council members for the NFL stadium the company wants to build in downtown Los Angeles.

Leiweke vowed at a council committee hearing Wednesday that the company would pick up the entire expected $1 billion tab for the planned 64,000-seat venue.

Leiweke says AEG is willing to start building once its permits are in place, even if it has no firm commitment from a team and the NFL’s blessing.

The company behind a rival NFL stadium proposal east of Los Angeles in the city of Industry have permission to start work on their venue but have said they won’t break ground until they have a team in place.

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Comments (3)
  1. Mo says:

    My only concern is the ridiculous amount of added traffic on game day at the 110/10 interchange. That’s where the city may have to come in, to accomodate 100,000 people.

  2. gdog07 says:

    Mo I think you’ll be good it’s only one day. Plus we need a team badly in LA.

  3. kim hong says:

    As long as the Red Line and Blue Line stop there, or it shares parking with Staples and other big venues, this should be fine. Other cities have downtown statiums. It would be worse to be like another Dodger Stadium, on a hill with only a couple of roads in.

    That said, any team but the Raiders would be fine, or you might as well not go, it will just be a graffiti ghetto in 2 months, and somehow taxpayers will be on the stick for the failure.

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