Downtown LA Stadium: AEG Exec Tells Critics 'Calm Down'

02/08/2011 05:12 pm ET | Updated May 25, 2011
  • Los Angeles Times

The head of the entertainment conglomerate seeking to build a National Football League stadium in downtown Los Angeles shot back at skeptics Tuesday and reiterated his pledge that "not a penny" of taxpayer money would be spent on the mega-project.

"The city's never going to have to pay a penny -- and we're going to guarantee it," said Timothy J. Leiweke, president and chief executive officer of Anshutz Entertainment Group, which is behind the $1-billion stadium plan.

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