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Oakland soccer clubs Roots and Soul launch community investment round to strengthen local ties amid pro team departures

  • Oakland has lost two major pro sports teams since 2019, with a third planning to relocate.
  • Roots and Soul soccer clubs are launching a $2M community investment round to increase fan ownership.
  • Community ownership is rare in U.S. but more common overseas.
  • Roots and Soul have grown quickly with multiple teams and stadium plans.
  • Clubs hope investment round serves as model for community-based sports teams.
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