It’s outta here: Oakland wraps Coliseum sale; police union blasts deal as a budget gimmick

Representatives of the ownership group that recently took over the Oakland Coliseum celebrated with city leaders on Tuesday at a news conference in the Coliseum’s parking lot, hours ahead of one of the Oakland Athletics baseball team’s final home games at the site.

The sale of the stadium and surrounding 155-acre complex required separate agreements with the city of Oakland and the A’s for each entity to sell its half stake, something that created doubt in the city’s budget this fall as it was uncertain if the sale could be finalized in time to avoid deep cuts in several areas, including the police and fire departments.