A complex land transaction was completed Tuesday that would allow for the construction of a joint stadium to be shared by the San Diego Chargers and the Oakland Raiders, the Bolts' special counsel confirms.
Both teams are seeking public subsidies for new stadiums in their respective home markets, but they are pursuing the Carson proposal in case they are unable to finalize any deals.
Carson is home to 168-acres of land, dubbed “Plan B” for a new stadium by Mark Fabiani, special counsel to the Chargers.
In February, NBC 7 reported the land to be used in a joint stadium proposal in Carson was owned by Carson Marketplace, a company based in Newport Beach.
This morning, the transfer of 11 acres from Carson Marketplace to Carson Holdings was recorded, Fabiani told NBC 7. He said at the same time the deed for 157 acres will move from Carson Marketplace to a joint powers authority controlled by the City of Carson.
If the teams decide to move to Carson, the JPA will lease the land to a new stadium authority.
Just Monday, San Diego's Citizens Stadium Advisory Group (CSAG) delivered a completed proposal for a new NFL stadium in Mission Valley to Chargers owner Dean Spanos.
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If San Diego Mayor Kevin Faulconer had his way, formal negotiations between the team, the city and the county would begin June 1.
Fabiani has repeatedly said the Chargers prefer a downtown stadium site over Mission Valley.
In an April appearance on NBC 7's "Politically Speaking," Fabiani shrugged off suspicions that the Chargers' game plan in Carson is a decoy -- that a second berth in an Inglewood stadium complex is the way out of San Diego, if need be.
"People are free to think what they want; we're not in a position to talk them out of what they think,” he said. “ There's only one group of people that really matters here."
