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Oakland Football Marketing Association Announces New PSL Purchase Plan for Oakland Raiders Fans; Fans can obtain PSLs with 25 percent down payment.

OAKLAND, Calif.--(BUSINESS WIRE)--June 29, 1998--Raiders fans can now purchase a Personal Seat License (PSL) with a 25 percent down payment and pay the balance over three years with a nominal finance fee under a new plan announced today by the Oakland Football Marketing Association (OFMA).

"Many fans interested in buying PSLs have been asking us to give them the option to spread the PSL cost over a longer period," said Richard Rogers, president of the OFMA. "I am pleased to announce this payment option. Anyone who is considering buying season tickets should seriously consider this opportunity."

Fans interested in purchasing PSLs, season tickets, group tickets or acquiring information on club seats and luxury suites should call the OFMA at 1-888/44-Raiders (1-888/447-2433). The availability of single game tickets will be announced at a later date.

PSLs -- which guarantee the same seat location at least through 2005 -- are available in many sections of the Oakland-Alameda County Coliseum, which received a $130 million renovation as part of the deal that returned the Raiders to the "House of Thrills" in 1995.

The cost of a PSL begins at $225 per seat. Under the new payment plan announced today, a fan can pay as little as $56.25 in 1998 towards the purchase of a PSL.

Under the payment plan -- fans select their seat and pay 25 percent of the PSL cost with the balance due in equal installments over the next three years with a nominal administration fee of four percent of each payment. With a PSL, season tickets are $410, $510 or $610 depending upon location.

The plan is one of various improvements the OFMA has made recently. Earlier this month, the OFMA informed current PSL holders that they can upgrade their seat location under similar financing terms.

"The new payment plans make it even easier for Raiders fans to step up and support the team for what should be an exciting year for the Oakland Raiders," said Rogers.

The Oakland Raiders now have the NFL's youngest coach, Jon Gruden, whose fiery approach is inspiring veterans and rookies alike and bolstered the team with a great draft including Heisman Trophy Winner Charles Woodson. The Raiders first home game is a pre-season contest against the Tampa Bay Bucaneers at 6 p.m. Monday Aug. 24. The Raiders regular season opens on Sept. 6 on the road against their longtime rival the Kansas City Chiefs, with their regular season home opener at 1:15 p.m. Sunday Sept. 13 against the New York Giants.

The Super Bowl Champion Denver Broncos, who the Raiders beat at home last season, play at the Oakland-Alameda County Coliseum at 1:15 p.m. Sunday Sept. 20.

CONTACT: Oakland Football Marketing Association (OFMA)

Richard Rogers, 510/615-4867, ext. 252

or

Zelinski Public Relations

Jim Zelinski, 415/882-7787
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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 29, 1998
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