Sanders, Spanos Talk New Stadium

Money is the big stumbling block.

By Susan Taylor
|  Tuesday, Mar 8, 2011  |  Updated 6:45 AM PDT
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San Diego Mayor Jerry Sanders and Chargers president Dean Spanos met Monday to talk about  building a new stadium for the NFL team in downtown.

Their talk focused on money. For one, the future of redevelopment funding.

California Gov. Jerry Brown wants to take away that money to help reduce the state's multi-billion dollar budget gap.

There's also the issue of G-3's future-- that's the NFL's subsidy program to build stadiums. 

A big question is where will the money to finance the stadium come from, if one or both sources fall through?

The mayor's office and the Chargers issued a statement saying they will work together on all of these issues.

At this point the Chargers want to stay in San Diego. But with a new stadium being built in Los Angeles, the Chargers could be lured away.
 

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