At a time when the NFL’s potential return to Los Angeles seems to be closer than at any time since the Rams and Raiders left town a generation ago, the man behind the effort to build a new stadium in downtown Los Angeles could be unloading the company that would be building the stadium.
According to Reuters, Phillip Anschutz is considering selling AEG, that company that has been pushing to bring the NFL back to L.A. It reportedly would sell for several billion dollars.
While AEG could still spearhead the project, the new owner of the company would have a strong say in such important strategic matters. In the interim, there’s a chance that AEG will pull the plug on a potential money pit.
Meanwhile, Ed Roski has a shovel-ready project in the City of Industry. But the NFL still doesn’t seem to care about that.