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.