Mayor Antonio Villaraigosa's office issued the following statement regarding AEG Chairman Phil Anschutz's decision to not sell the company. Villaraigosa does not address the departure of the top Anschutz executive in Los Angeles, Tim Leiweke.
"For the past three years, the City has expedited our process and lived up to our end of a deal to bring the NFL to Los Angeles and create a world-class convention center.
Now that AEG is no longer for sale and they have indicated that bringing an NFL team to LA remains a priority, I call on AEG to live up to its commitment by immediately sitting down with the NFL to reach an agreement.
However, the City will not wait for AEG, or any other party, to move ahead with the needed improvements to make our convention center a premier destination for meetings and conventions. Last year, we saw a record number of visitors come to Los Angeles and those visitors help drive our economy, fill our hotel rooms and take advantage of the numerous sports and entertainment options that we offer.
We will continue to pursue the important work of making Downtown LA a better place to work, live, visit and dine regardless of whether the NFL and AEG reach that agreement.
I am directing the CAO to provide me options within the next 30 days that provide a path forward to ensure that the convention center modernization project moves ahead no matter what.