The whole NFL to Los Angeles subject has been one big soap opera. Just when you think you have it all figured out the script changes to something new which causes more speculation. Right now we find ourselves a race between 3 teams to get to Los Angeles in the Raiders, Rams, and Chargers and two great Stadium proposals.
When the Rams moved to Los Angeles in January 2016, the NFL offered a $300 million loan to both San Diego and Oakland if they were able to figure out a stadium deal with the Chargers and Raiders.
The rest of the $1.15 billion would come from the Raiders and private partners that include Goldman Sachs Group. Last week, the San Diego Chargers, who have also been unhappy with their stadium,
Investment bank Goldman Sachs wants the Chargers to move to Los Angeles. They also want the Rams to stay in St. Louis, and out of Los Angeles. The firm is working diligently on both fronts. Those are not Goldman’s publicly stated positions, of course, but it doesn’t take much analysis to arrive at this conclusion.
· Goldman Sachs may soon settle its fraud case with the Securities and Exchange Commission, opting to end the legal fight rather than endure a repeat of the public flogging it received Tuesday in Washington, sources familiar with the matter told The Post.
Interactive chat discussing the Chargers new stadium. A report today out of the respected Sports Business Journal and Daily begins "Goldman Sachs will finance the San Diego chargers’ prospective move to Los Angeles, including covering any operating losses suffered by the team in the first few years in that city as well as costs for any renovations needed in a temporary venue, sources said last week.".
A day after the San Diego. Tim Romer of Goldman Sachs in Los Angeles, who said he has been working with the Chargers for many years as an adviser on stadium financing. "Most of the [Chargers’] work.
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He said "there’s a great deal more work to be done" before the Raiders can move to Las Vegas, a reality reinforced after both casino magnate Sheldon Adelson and a backup financier, Goldman Sachs..
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