Goldman Sachs' withdrawal comes on the heels of billionaire Sheldon Adelson's decision to pull out of the project as well. The Raiders had recently informed the league that the investment bank had offered to help finance their new stadium, seemingly due to knowledge that Adelson could potentially leave.
Adelson was previously expected to contribute $650 million of the $1.9 billion needed to fund the stadium. The billionaire, who made the bulk of his money through casinos, claimed he was shut out of negotiations for the lease with Clark County Stadium Authority.
Now that Adelson and Goldman Sachs has withdrawn, the potential move to Las Vegas is in doubt. Officials from San Diego have reportedly reached out to inquire if the Raiders would be interested in a move to the city recently vacated by the Los Angeles Chargers.
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