Investment bank Goldman Sachs wants the Chargers to move to Los Angeles. They also want the Rams to stay in St. Louis, and out of Los Angeles.
The firm is working diligently on both fronts.
Those are not Goldman’s publicly stated positions, of course, but it doesn’t take much analysis to arrive at this conclusion.
SportsBusiness Journal’s Daniel Kaplan, citing unnamed sources, reported Monday that Goldman Sachs will finance the Chargers’ costs of moving to L.A. by covering “any operating losses suffered by the team in the first few years in that city as well as costs for any renovations needed in a temporary venue.” If they relocate, the Chargers are expected to play in the Los Angeles Memorial Coliseum or the Rose Bowl while a new L.A.-area stadium is under construction.