February 21, 2017
San Diego-based developer Douglas Manchester wants the NFL back in San Diego. The chairman of Manchester Financial Group is lobbying the league commissioner, and assembling a powerful “group of associates” in an effort to build a privately financed stadium.
The group is seeking to develop the 166-acre Mission Valley site of Qualcomm Stadium, including a new 70,000-seat stadium, in hopes of enticing the Oakland Raiders to relocate to San Diego, now that the Chargers left for Los Angeles.
Another San Diego group, FS Investors, is pushing a plan to build a privately financed, mixed-use development at the same Mission Valley site. Its vision includes a pro soccer stadium that could also accommodate San Diego State University football games, as well as land set aside for a future NFL stadium.
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