• Co-owner Ed McGah said the team couldn’t continue to operate at current attendance levels, but said the owners would sell rather than move the team themselves

• He added that the team had lost $327,000 in 1960, were on track to lose more than $400,000 in 1961, and could only continue to wait for a new stadium if losses were no more than half that amount

• Fellow owner Wayne Valley said 1961 losses would be closer to $450,000 and that the team had to have an Oakland stadium for the 1962, but that the team wouldn’t pay to have one built

• AFL executive Milt Woodard said the league believed in Oakland if they could play there, but that several other cities—Atlanta, Chicago, Memphis, San Antonio—had shown interest in getting a team

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