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LA Coliseum for sale?

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  • LA Coliseum for sale?

    Interesting headline on Yahoo News suggesting sale of the publicly-owned stadium (that hosted athletics for Olympic Games) because of California state financial shortfall.

    http://cosmos.bcst.yahoo.com/up/play...26716&src=news

    Does any T&FN forum participant know of a consortium that could buy that stadium and restore its track and field facilities for a future World Championships?

  • #2
    http://mb.trackandfieldnews.com/discuss ... t=coliseum

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    • #3
      L.A. Coliseum story update

      This story is far from over. Update at: http://www.wavenewspapers.com/news/45622512.html

      Interesting note: Stadium is not USC property; school just rents it via long-term lease.

      Background (not in current story): To host 1932 Olympic Games, stadium construction via state money was approved by a vote of California citizens. Cost, back then, was one million dollars.

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      • #4
        Re: L.A. Coliseum story update

        Originally posted by James Fields
        Background (not in current story): To host 1932 Olympic Games, stadium construction via state money was approved by a vote of California citizens. Cost, back then, was one million dollars.
        Adjusted for inflation, that's about $14 million. Still pretty cheap.

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        • #5
          The Govenator can't sell it anyway,it's not owned by the state. :wink:
          "Sprintin' ain't easy,baby !

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          • #6
            Los Angeles Coliseum

            from URL source above:
            ". . . stadium is owned by three entities: the State of California, Los Angeles County and the City of Los Angeles. ... state owns the land"

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