Raiders part-owners want Davis ejected

[The_Philster]

An East Bay family that owns nearly a third of the Oakland Raiders wants team boss Al Davis thrown out for mismanagement, according to a lawsuit.

The suit, filed in Alameda County Superior Court by the family of the late E.J. McGah, charges that Davis and A.D. Football Inc., the Davis- controlled corporation that runs the football team, have breached their duties to the other partners in the NFL franchise "by fostering their own self- interests."

The 23-page lawsuit accuses Davis, the team's largest shareholder, of "grossly negligent" practices in his management of the franchise, including personal use of a private jet and cars and the purchase of expensive suites and season tickets to Lakers and Warriors NBA games. ...

more (http://sfgate.com/cgi-bin/article.cgi?file=/c/a/2003/10/14/MNGHO2ARTH1.DTL)

[Gunzlingr]

Oakland Raiders owner Al Davis' refusal to release team financial records to a fellow partner has prompted a lawsuit seeking removal of the 74-year-old icon as leader of the storied franchise.
Claiming Davis has engaged in "management practices (that) have resulted in the Raiders franchise losing substantial sums of money," the family of the late E.J. McGah is seeking both monetary damages and the removal of A.D. Football, a company formed and controlled by Davis, as general partner of the team.

The suit stems from a disagreement between Davis and three limited partners, all controlled by the McGah family, which together own 31 percent of the team, compared to Davis' 37 percent.

The family, whose patriarch E.W. McGah co-founded the team in 1963 with home-builder P. Wayne Valley, claims Davis is hampering their ability to value ownership shares of the franchise by not releasing team financial records, the lawsuit states.

more (http://www.oaklandtribune.com/Stories/0,1413,82~1865~1699663,00.html)