This is why the Coliseum sale should have been put on the open market. The AASEG didn't have to bid against anyone else. They were given a sweetheart deal and now they struggling to see it through. No other developer/company is going to want to be involved moving forward with a group that struggles to make an initial purchase. The council members weren't in the loop because they aren't the Kaplan wing of City Hall. Tao comes from Kaplan's office. I get people are going to make comments about this being usual Oakland politics. But the blame here should be on Kaplan. Too much power for far too long. Essentially working to give a no bid contract to the AAESG should be the final nail in her coffin. Oakland desperately needs to move on from her.
@@KNS1996DFS who cares why lol all I'm saying is the the current buyer has missed their first payment , they obviously can't afford it time to just move on from that deal. Anyways i funny give a hhit about that pos city. I say just let it rot
@@Me97202 how about politicians pay. ?THAT should be the first cut ! Schools should be the second cut because they don’t teach anything in the public school system here anyway. Kids can barely read if at all and don’t even know basic math
@@jerrymarasco8878 They already can't afford to fix the lead contamination in the water at Oakland public schools. That is estimated to cost $53-Million & they have no timeline for getting it done.
@@Kitty8791 typical Oakland government and all you fools keep voting for them ! Oakland is, by far, the worst run city in the worst run state ! Vote blue no matter who right ? I’ve never seen a group of people vote to raise their own taxes and then, vote to raise more taxes for the same thing promised ! You people are fools to keep it PG !
I’d question what Thao has riding on this deal. Some sort of kick back? Why do the council members feel in the dark on this? Why aren’t they looking for another buyer and why didn’t they put the site on the open market? And why is it that police and fire departments are always first up with budget cuts? Make citizens suffer for government incompetence. Stop electing these clowns.
@@frv1995 something is seriously wrong when they need to all of a sudden sell the stadium to make budget. I get they are losing revenue from losing the A’s as a tenant but come on. Tens of millions of dollars worth?
The city is learning you need millionaires to finance new construction whether its homes, businesses, or industries all of which produces jobs and eventually city income through taxes. If you raise the taxes too high, private enterprises LEAVE.. If the city doesn't GROW, private enterprises LEAVE... When the jobs disappear, citizens LEAVE...
@@ronclark9724 Truth, Ron. The Oakland project of robbing it's overburdened taxpayers to pay for their socialist utopian ideals is coming to a merciful end.
If they can't make the 1st payment of $10 million, does anyone think they'll be able to pay anymore? No wonder why Oakland has lost so many teams. Jeez!
They’re just like EVERY OTHER sports ownership , but cuz they black they not getting any heat. They not any different than Fischer ain’t nobody wanna pay that.
Don't forget the Seals. That's four in nearly 50 years. A tremendous and sad fall from grace from a city that contributed to 10 of the San Francisco Bay Area's 21 top-tier Big Five North American pro sports titles. Hell, Oakland even lost their indoor football franchise to San Jose before even playing a game.
So the amended deal leaves the city short $48 million until the deal closes in June 2025. How does that solve the current fiscal year budget crisis? Dollars to donuts AASEG won’t pony-up the $95 million due on time if at all.
Keep in mind the city and county did NOT build the Coliseum and Arena. A private non-profit organization led by Nahas built them and after paying off the financing, GAVE both venues to the city and county. Apparently NEITHER spent a cent maintaining and sustaining the Coliseum, although both rolled tenants to repair the venues over more than a half century. No wonder the tenants LEFT...
Is there someone out there that is still blaming the Athletics ownership for leaving? Isn't it obvious already what the problem is when a city lost its Seals, Raiders, Warriors and Athletics pro sports?
News Reporter: You have no political experience. You have no fiscal experience. What makes you qualified to buy the Oakland Coliseum? AASG: When the city of Oakland is in trouble, I bail them out. News Reporter: Hold that thought - let's go to the phones... Caller: AASG! AASG!! Nah, don't be lookin' around bruh. This is Oakland City Council. Where's our money at, man??? AASG: Bruh don't be calling me now with that bulls***. Can't you see I'm on TV!!!
He needs to name all his partners and Oakland needs to do a deep dive into their finances. Could this sale be a laundry for OC, drugs? It would be interesting to see if Oakland CAN do due diligence like white business people do or will they use DEI hires?
25,000 people ride BART past Coliseum every day..is there a sign or billboard that tells the events that are happening onsite to those BART riders?..NO...duh?!!..That's nuts!!..Let's run a showplace..& not tell the public..what's being shown!!The Board & City..are idiots... obviously
Appears Fisher is a smart businessman who rolled the city that has been rolling him for two decades... He may be a pitiful sports team owner though... The city hasn't spent a cent maintaining and sustaining the Coliseum since it was built more than a half century ago, yet Fisher got the city to buy the land he bought from the county for a profit...
What a clusterf#$k this is turning into. It serves them right. Its akin to the A's owner moving them out without a real plan. The A's could gave been sold to a kegitimate buyer that could gave jeot the team in Oakland
The fact it got sold to some clown group to began with is embarrassing... Should have been sold to a Private prison company so they can build a much needed PRISON/JAIL for Oakland and the Surrounding area. Watch them say it's Reparations
This is why the Coliseum sale should have been put on the open market. The AASEG didn't have to bid against anyone else. They were given a sweetheart deal and now they struggling to see it through. No other developer/company is going to want to be involved moving forward with a group that struggles to make an initial purchase. The council members weren't in the loop because they aren't the Kaplan wing of City Hall. Tao comes from Kaplan's office. I get people are going to make comments about this being usual Oakland politics. But the blame here should be on Kaplan. Too much power for far too long. Essentially working to give a no bid contract to the AAESG should be the final nail in her coffin. Oakland desperately needs to move on from her.
Kaplan has failed the city of oakland
I smell corruption
The bigger issue is what do they do next year when they don't have this revenue?
I hope the feds are closely watching what Sheng Thao is doing.
They don't have the money. Find a new buyer
The lump sum will never exist. Santa Claus isn't real.
Why would anyone buy it?
@@KNS1996DFS who cares why lol all I'm saying is the the current buyer has missed their first payment , they obviously can't afford it time to just move on from that deal. Anyways i funny give a hhit about that pos city. I say just let it rot
@@schabbing1 I got a great deal on a beach house in Yemen.
They don’t have the financing. Run away.
The city is nearly bankrupt and has ran out of millionaires to ROLL financially...
Only in California could the first thought be to cut police and fire ! What an absolute clown show.
Those are the first things cut everywhere. Always. And schools.
@@Me97202 how about politicians pay. ?THAT should be the first cut !
Schools should be the second cut because they don’t teach anything in the public school system here anyway. Kids can barely read if at all and don’t even know basic math
@@jerrymarasco8878 They already can't afford to fix the lead contamination in the water at Oakland public schools. That is estimated to cost $53-Million & they have no timeline for getting it done.
@@Kitty8791 typical Oakland government and all you fools keep voting for them ! Oakland is, by far, the worst run city in the worst run state !
Vote blue no matter who right ?
I’ve never seen a group of people vote to raise their own taxes and then, vote to raise more taxes for the same thing promised !
You people are fools to keep it PG !
I’d question what Thao has riding on this deal. Some sort of kick back? Why do the council members feel in the dark on this? Why aren’t they looking for another buyer and why didn’t they put the site on the open market? And why is it that police and fire departments are always first up with budget cuts? Make citizens suffer for government incompetence. Stop electing these clowns.
Oaklands mayor, city council and all there underlings should resign effective immediately.
@@frv1995 something is seriously wrong when they need to all of a sudden sell the stadium to make budget. I get they are losing revenue from losing the A’s as a tenant but come on. Tens of millions of dollars worth?
I'll never understand why the stadium deal is tied to city budget stuff😂
The city is learning you need millionaires to finance new construction whether its homes, businesses, or industries all of which produces jobs and eventually city income through taxes. If you raise the taxes too high, private enterprises LEAVE.. If the city doesn't GROW, private enterprises LEAVE... When the jobs disappear, citizens LEAVE...
Why? The incompetence of Oakland city government.
@@ronclark9724 Truth, Ron. The Oakland project of robbing it's overburdened taxpayers to pay for their socialist utopian ideals is coming to a merciful end.
If they can't make the 1st payment of $10 million, does anyone think they'll be able to pay anymore? No wonder why Oakland has lost so many teams. Jeez!
They’re just like EVERY OTHER sports ownership , but cuz they black they not getting any heat. They not any different than Fischer ain’t nobody wanna pay that.
Clown sad people in office in Oakland ran 3 sports team out of town can’t do sh*t rite man
Don't forget the Seals. That's four in nearly 50 years.
A tremendous and sad fall from grace from a city that contributed to 10 of the San Francisco Bay Area's 21 top-tier Big Five North American pro sports titles.
Hell, Oakland even lost their indoor football franchise to San Jose before even playing a game.
What a mess!
BS... Another group not paying a debt.
New owner soon,, coliseum need renovated Oakland need new mlb team
Oakland needs a change in local government... Apparently the Dems have run Oakland into bankruptcy... Too many vote BLUE no matter who...
It was already a giveaway. It might as well just be free.
So the amended deal leaves the city short $48 million until the deal closes in June 2025. How does that solve the current fiscal year budget crisis? Dollars to donuts AASEG won’t pony-up the $95 million due on time if at all.
But why is city in such dire financial situation to begin with? They're selling a stadium just to pay the Government's day-to-day bills.
@@daveclark8337 corruption that's why.
Someone is skimming from the top and bottom.
Feds need to investigate the entire oakland city govt
Why is this guy always commenting from Zoom in his car?
😂😂😂.... 🤫
Becuz he gotta warrant problee. And he be wanna get to Macdonnow soon.
Its a rental car. Had his Kia Soul and dirt bike repossessed. Times is hard.
😂😂😂😂
“I’ll gladly pay you Tuesday for a hamburger today.”
So sad how the coli is treated
Keep in mind the city and county did NOT build the Coliseum and Arena. A private non-profit organization led by Nahas built them and after paying off the financing, GAVE both venues to the city and county. Apparently NEITHER spent a cent maintaining and sustaining the Coliseum, although both rolled tenants to repair the venues over more than a half century. No wonder the tenants LEFT...
Is there someone out there that is still blaming the Athletics ownership for leaving? Isn't it obvious already what the problem is when a city lost its Seals, Raiders, Warriors and Athletics pro sports?
Yes!
They are clearly going to sell it to someone else.
How about you just cut all the useless programs and layoff useless government jobs to balance the budget.
That makes too much sense. It’s The last thing that will happen.
Just look at the founder. Good luck with that lol.
Glad Oakland has endless coliseums they can sell to keep their balanced budget, they can't even manage to get paid for the ONE they have.
Default on their payments already. 😂
I’m so shocked that the city of Oakland is incompetent, and DEI transactions don’t work out that well
once again...another dumb deal that will only cost taxpayers great job oakland!
Don’t let it go to a developer!
She literally said “we’re being kept in the dark” when referring to the black ownership group…… You can’t make this stuff up!
News Reporter: You have no political experience. You have no fiscal experience. What makes you qualified to buy the Oakland Coliseum?
AASG: When the city of Oakland is in trouble, I bail them out.
News Reporter: Hold that thought - let's go to the phones...
Caller: AASG! AASG!! Nah, don't be lookin' around bruh. This is Oakland City Council. Where's our money at, man???
AASG: Bruh don't be calling me now with that bulls***. Can't you see I'm on TV!!!
AASEG Founder doesn’t look like someone I’d trust buying gum from… and they think he’s going to pay 100mil..
He needs to name all his partners and Oakland needs to do a deep dive into their finances. Could this sale be a laundry for OC, drugs? It would be interesting to see if Oakland CAN do due diligence like white business people do or will they use DEI hires?
The answer to this riddle is to bring BOTH the NHL- and rock bands like Oasis- to Coliseum site. And also HipHop is rock too !!!
Spending money before you have it. What does that sound like
Uh oh
How much money is Oakland collecting from the developers of the property that was Oak Knoll Naval Hospital..right now?..Every day ?!!
25,000 people ride BART past Coliseum every day..is there a sign or billboard that tells the events that are happening onsite to those BART riders?..NO...duh?!!..That's nuts!!..Let's run a showplace..& not tell the public..what's being shown!!The Board & City..are idiots... obviously
Cut the budget now. You folks shouldn't be rewarded for doing a terrible job.
Hello Katie
Recall Mayor. Oakland will not get the money.
Dude is an idiot. He moves the team and sells the stadium to a group of poor people. Ide hate to have those kind of bills.
Appears Fisher is a smart businessman who rolled the city that has been rolling him for two decades... He may be a pitiful sports team owner though... The city hasn't spent a cent maintaining and sustaining the Coliseum since it was built more than a half century ago, yet Fisher got the city to buy the land he bought from the county for a profit...
Lol , DEI real estate transaction
What a clusterf#$k this is turning into. It serves them right. Its akin to the A's owner moving them out without a real plan. The A's could gave been sold to a kegitimate buyer that could gave jeot the team in Oakland
The fact it got sold to some clown group to began with is embarrassing... Should have been sold to a Private prison company so they can build a much needed PRISON/JAIL for Oakland and the Surrounding area.
Watch them say it's Reparations
Huge.
They should have just demolished hit and have a new owner build a new football stadium or dome instead.
Lacob buy it
Will yall leave Joe lacob alone 😂😂😂
"Work With Me Productions"
AASAG already skimming. Find a real buyer. Geezus!
BrOakland
😂😂😂
THAT IS SO NOT FUNNY!!!!!
@@Jnthncrrll I just replayed it laughed again 😂✌️
@@franky2473 OH YOU SHUT UP, FRANK THE TRUMPSTER FREAK AND STOP LAUGHING AT ME!!!!! THAT IS SO NOT FUNNY!!!!!
not surprised they should have just sold it too the A’s simple, oakland is run by a clown 🤡 show
Why would the A's Organization buy it? Only clown here is you.
What a dump all around. Repoe it.