Owner of St. Louis Rams Plans to Build Stadium in L.A.
By Kevin Patra
Around the NFL writer
Stan Kroenke the owner of the St. Louis Rams plans to build a NFL stadium in Los Angeles. St. Louis Rams owner Stan Kroenke, who bought 60 acres in Inglewood, California last year, has joined forces with Stockbridge Capital Group, owners of the adjacent 238-acre Hollywood Park site, and the group plans to build an 80,000-seat NFL stadium along with other retail, office and residential spaces, according to the Los Angeles Times. The Inglewood plan is the most recent in more than a dozen proposals that have come and gone since the Rams and Oakland Raiders left Los Angeles after the 1994 season.
According to the Inglewood developers, no tax dollars would be used in construction of the stadium or other projects. The group plans to gather signatures in order to get the project on the Inglewood municipal ballot in 2015. The news could be a a big change for the St. Louis Rams team by jeopardizing their future in St. Louis . The Rams declined comment on the Times’ story. However, Kroenke’s plan could put pressure on the city of St. Louis, where the team has played since 1995. The Rams and the city remain hundreds of millions of dollars apart in stadium upgrades, and a new proposal from the city is expected to be made later this month.
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“No team has applied for relocation and there will be no team relocations for the 2015 season. We are committed to working towards having franchises that are strong and successful in their existing markets. Any decision on relocation in 2016 or later is subject to approval by the 32 clubs. An affirmative vote by 24 of 32 clubs (three-fourths) is required.” the NFL stated to The Times’ story.