OAKLAND, Calif. (AP) — A San Diego businessman says his latest plan for a new Raiders stadium in the city of Oakland has a 50-50 chance of succeeding, but he's revealing little else about it.
Floyd Kephart's proposal first called for the Raiders, the NFL and future stadium revenues to finance the proposed $900 million facility.
The Oakland Tribune reports (http://bayareane.ws/1V8yqvX) an undeterred Kephart refused Tuesday to release his latest proposal, but hinted at several changes from his original plan.
He says that there would be no attempt from his investors to purchase a piece of the Raiders.