Plans for new St. Louis football stadium by river unveiled

ST. LOUIS (AP) — Plans have been unveiled for a new open-air football stadium in St. Louis along the Mississippi River as the city ups its bid to either keep the Rams or lure a new NFL team.

The plan announced Friday said the stadium would cost at least $860 million. Private sources and seat licensing fees would pay for more than half, while other funding would come from tax credits and other public financing.

There'd be no new tax burden for the 64,000-seat stadium, to be built over four years.

The plan was developed by a two-man team appointed by Missouri's governor.

Concerns grew this week about the Rams' future in St. Louis when it was announced owner Stan Kroenke is part of a venture building a stadium in Los Angeles.

The Rams issued the following statement:

"The St. Louis Rams have worked for many years, with several agencies and commissions, and their senior management , responsible for stadium facilities in St. Louis. This includes multiple discussions with the Governor's recently formed NFL Task Force. We received the Task Force materials shortly before the press conference. We will review them and speak with the Task Force representatives."