(SportsNetwork.com) - The San Diego Chargers and Oakland Raiders are each exploring possible relocation options in Los Angeles.
The teams released a joint statement late Thursday to reveal their issues, which include the unsuccessful attempts to find new stadium deals in their current cities.
"We have both been working in our home markets to find a stadium solution for many years, so far unsuccessfully," the statement read. "We remain committed to continuing to work in our home markets throughout 2015 to try to find publicly acceptable solutions to the long-term stadium issue."
The teams are pursuing a possible relocation to Carson, California, about 15 miles south of downtown Los Angeles.
"We are pursuing this stadium option in Carson for one straightforward reason: If we cannot find a permanent solution in our home markets, we have no alternative but to preserve other options to guarantee the future economic viability of our franchises," the statement continued.
The teams could possibly share the stadium, an interesting move considering they are division rivals in the AFC West. The Giants and Jets share MetLife Stadium in East Rutherford, New Jersey, but play in different conferences.
Both teams said they understand that any relocation to the Los Angeles area would require approval of three-quarters of the NFL owners.
Los Angeles has been without an NFL team since the Rams and Raiders left after the 1994 season.
The Raiders called Los Angeles home from 1982-94, while the Chargers spent their first season in the American Football League in 1960 in Los Angeles.