AEG Sale Will Not Affect NFL's Return To Los Angeles

The proposed sale of AEG wil not affect the pursuit of bringing an NFL team to Los Angeles, both an AEG representative and Los Angeles Mayor Antonio Villaraigosa said on Tuesday.

AEG owns Staples Center and has been in talks with the city of building a stadium to house a NFL team as part of the L.A. Live complex, which includes Staples Center, the Nokia Theater and the L.A. Convention Center.

Mayor Villaraigosa said he has known about the potential sale of AEG for quite some time, but he also doesn't expect a change in ownership to affect the planned construction of a downtown NFL stadium. City Councilwoman Jan Perry also said the taxpayers' interests would be watched after, and that any potential buyer will have the same obligations as AEG.

The Los Angeles City Countil is 10 days away on a vote for a $1.5 billion deal with AEG for a stadium and renovations to the Convention Center.

Tim Leiweke, AEG's CEO, said in a statement that the new owner of AEG will have a "historic opportunity to benefit from AEG's strategy to reunite Los Angeles with the NFL."

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