The deal to sell the Oakland Coliseum Complex to the African American Sports and Entertainment Group has encountered delays due to the complex ownership structure and missed payments.
Members of the African American Sports and Entertainment Group have urged the Alameda County Board of Supervisors to approve the Coliseum purchase, emphasizing a desire for urgency in moving the project forward.
Alameda County Supervisor David Haubert noted the deal is complicated since it involves property owned by two separate entities, raising concerns for a smooth transaction.
Ray Bobbitt, co-founder of AASEG, expressed the group's eagerness to progress the process, asserting their commitment to completing the deal as part of making history.
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