 Charles Thompson, Jr. USC Proposed Move to Rose Bowl Stadium We have been approached by the University of Southern California related to playing its home games at the Rose Bowl on a short-term basis but we have made no commitments in any fashion. Our primary tenant at the Rose Bowl is UCLA and we have an excellent relationship and working agreement with the university. UCLA has exclusive college football rights as part of its long-term agreement with the Rose Bowl and would have to approve USC playing its home games in the Rose Bowl. The governing body of the Rose Bowl is the Rose Bowl Operating Company and our board of directors will be meeting next Thursday evening. We plan to hold a limited discussion of any potential lease negotiation in closed, executive session at the meeting. In accord with California's open meeting laws, there would be an announcement in open session of any reportable action taken. However, at this time it is highly unlikely that any final action will be taken or reported. We have kept UCLA informed of any and all discussions we have had with USC related to its plans for home games in the near future. Our discussions with USC have been at a preliminary stage of negotiation. We are open to assisting USC on a short-term basis if this meets with the desires of UCLA and our board of directors of the Rose Bowl Operating Company. <Back> |
November 29, 2007