Looks like the Chargers will be out of San Diego in a couple of years

**sd4chiefs** · 04-21-2006, 05:02 PM

http://sports.yahoo.com/nfl/news?slu...v=ap&type=lgns

San Diego mayor says city can't afford new Chargers stadium

By ALLISON HOFFMAN, Associated Press Writer
April 21, 2006

SAN DIEGO (AP) -- 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.

"I do not think it would be prudent or honest for me to say to taxpayers 'We can't resurface our roadways, but we can finance a stadium,"' the mayor said.

Chula Vista and Oceanside, two smaller cities south and north of San Diego, have been mentioned as possible new homes within the county.

San Diego is facing what the mayor called a financial and a managerial crisis, which includes a $1.4 billion city employee pension fund deficit and federal investigations into city finances.

The Chargers have been in San Diego since 1961, the year after they started playing in Los Angeles under the ownership of hotel magnate Barron Hilton.

Last year, the team proposed building a $450 million stadium as part of a commercial development the Qualcomm site, but dropped the plan because it could not find developers to share the estimated $800 million upfront costs. The team offered to pay for the stadium and traffic improvements, but wanted the city to give it 60 acres for development to recoup its costs.

Earlier this year, the mayor of San Antonio signaled that his city would welcome the Chargers to fill the Alamodome, where the displaced New Orleans Saints played three games last season.

Updated on Friday, Apr 21, 2006 5:06 pm EDT

04-21-2006, 05:02 PM	Topic Starter
sd4chiefs error 404 Join Date: Aug 2000 Location: Bizarro World Casino cash: $8650445	Looks like the Chargers will be out of San Diego in a couple of years http://sports.yahoo.com/nfl/news?slu...v=ap&type=lgns San Diego mayor says city can't afford new Chargers stadium By ALLISON HOFFMAN, Associated Press Writer April 21, 2006 SAN DIEGO (AP) -- 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. "I do not think it would be prudent or honest for me to say to taxpayers 'We can't resurface our roadways, but we can finance a stadium,"' the mayor said. Chula Vista and Oceanside, two smaller cities south and north of San Diego, have been mentioned as possible new homes within the county. San Diego is facing what the mayor called a financial and a managerial crisis, which includes a $1.4 billion city employee pension fund deficit and federal investigations into city finances. The Chargers have been in San Diego since 1961, the year after they started playing in Los Angeles under the ownership of hotel magnate Barron Hilton. Last year, the team proposed building a $450 million stadium as part of a commercial development the Qualcomm site, but dropped the plan because it could not find developers to share the estimated $800 million upfront costs. The team offered to pay for the stadium and traffic improvements, but wanted the city to give it 60 acres for development to recoup its costs. Earlier this year, the mayor of San Antonio signaled that his city would welcome the Chargers to fill the Alamodome, where the displaced New Orleans Saints played three games last season. Updated on Friday, Apr 21, 2006 5:06 pm EDT
Posts: 3,997