The Oakland Roots and Soul Sports Club began selling shares in its soccer teams on Wednesday as it looks to lure more investors like ex-NFL star Marshawn Lynch and rapper G-Eazy.
Previously, to invest in private companies one had to be accredited as an investor and have a minimum net worth. Now, anyone can own a part of the mens and women soccer teams with a price as low as $100.
"Oakland Roots and Soul Sports Club is unlike anything I’ve ever seen," said Oakland native Dr. Akilah Cadet, the campaign's lead investor. "Ownership of a professional sports team, typically not accessible for most, is something our community can invest in."Wednesday at 9 a.m. As of 3 p.m. Wednesday, the crowdfunding has reached more than half its goal of $2 million.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Could the Oakland Roots soccer team play a role in the future of the Coliseum site?The team plans to play the entire 2024 season in Hayward. Can it forge a return to Oakland afterward?
Read more »
FINDING YOUR ROOTS: Secret LivesTuesday, Sept. 12, 2023 at 8 p.m. on KPBS TV / Stream now with KPBS Passport! Henry Louis Gates, Jr. uses DNA to help comedians Carol Burnett and Niecy Nash solve deep family mysteries.
Read more »
Becky G Reveals 'Esquinas' Album Cover and Release Date, Honors Mexican Roots“And yes, we can be from her AND from there,” the singer wrote on Instagram
Read more »
Suspect sought in freeway shooting on Highway 13 in Oakland HillsThe California Highway Patrol is investigating a freeway shooting that took place along Highway 13 in the Oakland Hills last Friday.
Read more »
Deadly West Oakland home invasion among many violent incidents in cityA man was fatally shot during a home invasion robbery in West Oakland, one of several violent incidents occurring throughout the city over the weekend.
Read more »
Single family residence in Oakland sells for $1.5 millionThe historic property located in the 1700 block of Wellington Street in Oakland was sold on July 27, 2023. The $1,525,000 purchase price works out to $1,092 per square foot. The house, built in 192…
Read more »