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San Diego Mayor Says Stadium Too Expensive

Discussion in 'Latest Chargers News & Headlines' started by robdog, Apr 21, 2006.

  1. robdog

    robdog Code Monkey Staff Member Administrator

    Jun 29, 2009
    Source: <a target="_blank" href="http://news.yahoo.com/s/ap/20060421/ap_on_sp_fo_ne/fbn_chargers_stadium_1">Associated Press</a>
    <blockquote><img width="333" height="204" alt="New Stadium Proposal" title="New Stadium Proposal" src="http://www.bolttalk.com/images/newstadium02.jpg" />

    By Allison Hoffman

    SAN DIEGO - Cash-strapped San Diego doesn't have the money to help the Chargers build a new stadium, Mayor Jerry Sanders said Friday, opening the door for Southern California's only NFL team to leave the city it has called home for 45 years.

    Sanders said he plans to ask the City Council to amend the Chargers' lease to allow the team to begin looking at sites elsewhere in San Diego County before the end of the year. If the team fails to find a new home in the county before Jan. 1, the Chargers would be free to negotiate a deal anywhere in the country.

    The Chargers can leave San Diego after the 2008 season if they pay off the approximately $60 million in bonds the city issued in 1997 to expanded Qualcomm Stadium.</blockquote>
    <a target="_blank" href="http://news.yahoo.com/s/ap/20060421/ap_on_sp_fo_ne/fbn_chargers_stadium_1"><strong>Article Link</strong>" </a>

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