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Fixing Qualcomm Stadium Will Cost About $80 Million

Qualcomm Stadium needs $79.8 million in maintenance, repairs and improvements over the next seven years, according to a new report conducted for the city of San Diego. The two-part study, obtained Friday by The San Diego Union-Tribune, says the city will continue to lose more than $10 million a year operating the stadium through 2020 regardless of whether the Chargers stay, get a new site in San Diego or leave the county.

In any of those three scenarios, the projected annual operating loss for San Diego is $10.6 million to $13.8 million through 2020, excluding bond debt payments and any maintenance or improvement work, according to the report. The Chargers’ Qualcomm Stadium lease runs through 2020 and the team can break it each year by paying an early termination fee, currently about $24 million. The Chargers have sought a new stadium for nearly a decade and been in talks with Mayor Jerry Sanders for months to build a venue downtown east of Petco Park.

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