Business

St. Louis aldermen to vote on stadium financing

(ST. LOUIS, AP) — The effort to build a new football stadium and potentially keep the Rams from moving back to Los Angeles faces a key vote Friday when St. Louis aldermen decide whether to spend $150 million on the project.

Aldermen tentatively approved the plan Tuesday. A final vote is scheduled for Friday afternoon.

Three NFL teams are threatening to move to Los Angeles, including the Rams. Team owner Stan Kroenke is part of a group planning a $1.8 billion stadium in Inglewood, California.

League owners meet next month to decide if up to two of the teams are allowed to relocate.

A St. Louis stadium task force says that even if the Rams move, the new stadium could lure another team.

The $1 billion stadium would sit along the Mississippi River.

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