The Impact Of Racism Of Some Against The AASEG Oakland Alameda County Coliseum Land Purchase

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https://www.youtube.com/watch?v=b8v7QB8o9q4

Oakland News Now Blog – vlog by Zennie62 YouTube. Zennie62Blog.com is the original blog post for this content.

Sadly not too deep behind the opposition to the African American Sports and Entertainment Group purchase of the Oakland-Alameda County is a not-at-all hidden racism. What follows is an email exchange I had with a long-time reader and viewer of Zennie62Media platforms and Zennie62 YouTube Channel that was shockingly racist. Here it is, with the name of the person removed.

It started with a comment I made in my interview with AASEG Founder Ray Bobbitt. I said that Floyd Kephart, who held an exclusive negotiating agreement with the City of Oakland to build Coliseum City, was removed from the project because he did not prove to the City that he had the money he claimed to possess. The “man who’s name will be withheld” emailed out-of-the-blue (which is fine) with this:

“Kephart gave you proof that he had the money and was ready to close. You said that Kephart couldn’t come up with the money and that is radically false. Stop spreading rumors like that.”
Man Who’s Name Will Be Withheld

My response:

Hi “Man Who’s Name Will Be Withheld”,

No, you’re completely incorrect. 100 percent. Larry Gallegos, Project Manager III. Department: Economic & Workforce Development Department, said that Floyd did not have the money. Meanwhile, Floyd was asking for City money, and at the same time, expressing an interest in buying the Raiders.

For some reason, you’re mesmerized with the idea that Floyd is this massively rich guy. What you never asked him was if he had any investment partners and what his overall development pro-forma looked like. Answer: he had none.

Anyone who thinks that investment only drives the development of a sports complex has never had to work with someone actually building a sports complex, or interview NFL owners who were doing it, or forming a sports event that called for its own set of revenue generators. I’ve done all three.

Cheers.
Zennie

Continued at ZennieReport.com here:

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