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49ers get loan for move 02/02/12 8p.m. TDH

A 200-million dollar loan has been approved for the san Francisco 49ers, to help start construction of a new stadium in santa clara county.  N-F-L owners had to approve the loan before the move could be finalized.   The team has already received an 850-million dollar loan from goldman sachs, and the new funding will help cover the remaining costs.  If the project is completed on schedule, the new south santa clara county stadium could host the 49ers as soon as the 2014 season.   The team is expected to bid to host future super bowls.

 

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