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AEG aims for NFL Decision on Los Angeles

Tim Leiweke, President and CEO of AEG, said he is hoping to reach an agreement with the City of Los Angeles and the National Football League (NFL) for a team to move into a new $1 billion stadium in Downtown Los Angeles in the next three months.

AEG wants to build a 65,000-seater stadium on the site of the western hall of the Los Angeles Convention Center, adjacent to the company’s LA Live entertainment district, Leiweke said.

"I am very focused on this," Leiweke said during a lunch for Central City Association of Los Angeles. "I spend most of every waking hour on the NFL. I'm going to tell you this; we're going to give this our best shot in the next two to three months."

AEG is in talks with city officials and in January will submit plans and begin the permit process, he added. The company would replace the convention space displaced by the stadium.

Leiweke’s comments come as NFL team owners still look for ways to reach a new labour agreement with players. Teams are preparing for a possible disruption of next season if the efforts are unsuccessful.