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St. Louis aldermen approve financing for football stadium

ST. LOUIS (AP) — St. Louis aldermen on Friday agreed to spend $150 million to help finance a new riverfront football stadium as part of the effort to keep the Rams from moving.

Aldermen voted 17-10 to approve the measure. "Won by a touchdown," said Alderman Jack Coatar, a sponsor of the bill.

The vote does not guarantee that owner Stan Kroenke will keep the team in St. Louis, but was considered vital toward the effort to build the new $1 billion stadium that could entice NFL owners against allowing the Rams to move.

The Rams and two other teams are seeking to move to Los Angeles.