Expansion soccer team plans $250 million Los Angeles stadium (Yahoo Sports)

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Major League Soccer's expansion Los Angeles Football Club plans to build a $250 million stadium on the site of the old Sports Arena next to the Los Angeles Memorial Coliseum. The decision by leadership of the new club was made last week, and the club will formally announce its plans Monday, the Los Angeles Times reported (http://lat.ms/1JsVTUz). The project, costing $100 million more than the team's projections last year, still needs approval from the Coliseum Commission and the Los Angeles City Council. Both panels, along with Mayor Eric Garcetti, have already expressed support for the project and approval is expected by July, the newspaper said.




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