By Robert Haugh
We broke a big story yesterday that the City terminated the 49ers contract for managing the stadium for NFL games.
But we didn’t know why. Thanks to a Mercury News story by Thy Vo, now we do.
Vo got a good interview with City Attorney Brian Doyle. Here’s what she said in her story.
In a Feb. 10 court declaration, Doyle accused Al Guido, president of the 49ers Stadium Management Company, of conflicts of interest in approving a sponsorship agreement for a college football event at Levi’s, the Redbox Bowl.
We knew that another 49ers executive, Jim Mercurio, had a conflict of interest with stadium vendor, VenueNext. In fact, we broke the story that led to the Mercurio investigation and his effort to clean up his violation by selling stock or returning money.
We also reported that 49ers owner Jed York may have a conflict with VenueNext, too.
According to a source close to the 49ers, Guido also had some financial interests in VenueNext.
But we didn’t know about Guido and the Redbox Bowl.
We’ll have to ask around to see how many other people and vendors and doing deals with 49ers owners and execs that may be illegal.
This is a developing story. A big one.