January 22, 1960

The University of California regents met and formally denied permission for the use of their stadium by the pros. Meanwhile, the Bill Jackson and Ted Harrer prospective ownership groups finally met for discussions, but no merger agreement came from it. The negotiators couldn’t agree about who would have ultimate authority. To complicate matters further, a third group of investors appeared on the scene, this one headed by local real estate developer Chet Soda. The new group also included Oakland city councilman Robert Osborne and Candlestick Park contractor Charles Harney.

Oakland Tribune

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