Chargers officials believe they can build a new football stadium in downtown San Diego to replace aging Qualcomm Stadium by 2022, according to a report by ABC 10 News in San Diego.
The stadium would be municipally owned by a new Joint Powers Authority, which would be created to run the stadium and all non-football entertainment events, including concerts, the report said.
ABC 10 News, citing a source with knowledge of the team's plans, said the proposed 65,000-seat downtown stadium would call for the Chargers to apply $650 million in private funding towards the new venue, which would include a $300 million contribution from the NFL.