LOS ANGELES (CBSLA.com) — The Anschutz Entertainment Group’s proposed football stadium in downtown Los Angeles is “essentially dead to the NFL,” according to a Yahoo! Sports report.
Reporter Jason Cole cited an unnamed NFL source who said the financial needs of AEG and the needs of a football team don’t add up.READ MORE: 'It's Heartbreaking': ArcLight Cinemas, Pacific Theatres Closing Permanently Due To Pandemic Losses
AEG officials would not comment on the story.
In a statement, NFL spokesman Brian McCarthy said, “We continue to monitor the AEG stadium and remain interested in multiple sites in the Los Angeles area.”
Sports agent and attorney Jeffrey Lenkov said he finds it hard to believe that Farmers Field is no longer an option.READ MORE: 'We Are Seeing Our Economy Come Back To Life': Study Shows That Consumer Confidence In OC Is On The Rise As Residents Brace For Light At The End Of The Tunnel
Lenkov told CBS2’s Randy Paige that the stadium makes plenty of economic sense.
“This remains one of the few entertainment assets still available in Los Angeles. When you have an asset, especially one as big as an NFL team, you’re going to have a lot of people in play,” he said.
Lenkov said the NFL is famous for being non-committal.
“I don’t think they want to commit until they really see what happens with the ownership situation, and I also think on the backburner is who gets in as mayor,” he said.MORE NEWS: 2 Men Hospitalized After Large Explosion At Valley Glen Home, Investigation Ongoing
AEG announced the company was up for sale last September after successfully convincing Mayor Antonio Villaraigosa and the entire City Council to back plans for a new stadium.