Anchor ads are not supported on this page.

4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Money battle now favors SoccerCity foes

John Moores and allies help SDSU option

JMI was retained to draw up SDSU's plans.
JMI was retained to draw up SDSU's plans.

Since late August, more than $1.7 million has poured into the coffers of forces battling the takeover of city-owned Qualcomm Stadium by SoccerCity, a group of wealthy La Jolla investors who have a friend in San Diego mayor Kevin Faulconer but not the city's political fat cats, including ex-Padres owner John Moores.

Moores and Jeff Schemmel. JMI Sports hired Jeff Schemmel after he left the school under a shadow regarding the use of state funds to visit a mistress in Alabama.

On Thursday, September 20 alone, a grand total of $871,000 was raised by two political committees seeking to block SoccerCity, with the bulk of the money, $780,000, provided in two equal payments by Mission Valley development giants Sudberry Properties and H.F. Fenton Company to a committee calling itself Public Land, Public Benefit. That fund is waging a take-no-prisoners campaign against Measure E, SoccerCity's proposal on November's ballot.

Sponsored
Sponsored

Former assemblyman Steve Peace worked for Moores "to develop the Qualcomm Stadium site into a civic gem."

The balance of the super Thursday cash, $91,000, was anted up for Friends of SDSU, promoting Measure G, a competing ballot proposition that if it beats SoccerCity at the ballot box would turn the former stadium land over to San Diego State University. $25,000 donors to the cause included ex-city manager Jack McGrory, a California State University trustee leading the drive, and Stephen Doyle, ex-president of the San Diego division of Brookfield Homes.

Frederic Luddy, one-time associate of Moores, kicked in $25,000 to Friends of SDSU.

ServiceNow's Frederic Luddy kicked in $25,000. He and his onetime associate Moores, whose JMI Realty came up with $22,000 for the SDSU backers on September 19, featured prominently in one of the city's biggest-ever financial meltdowns, the stock scandal at Peregrine Systems. As recounted by Don Bauder in January 2015, JMI Equity owned 49 percent of ServiceNow after it was taken public in mid-2012.

Moores has long expressed an interest in development of the former Qualcomm Stadium site. In April 2016, JMI Equity rolled out his notion of how SDSU could use the property at an event sponsored by SDSU's Corky McMillin Center for Real Estate.

"The JMI team (represented by President John Kratzer and Steve Peace), working in concert with Steve Black of Cisterra Development, another prominent San Diego developer (and SDSU alumni), will unveil their proposal to develop the Qualcomm Stadium site into a civic gem that all SDSU alumni and San Diego County residents will claim proudly," said a March invitation to a JMI-sponsored event touting the putatitve redevelopment scheme.

Another Moores venture, college athletics business consulting company JMI Sports, has longtime connections to SDSU. The firm hired the university's former athletic director Jeff Schemmel after he left the school under a shadow in November 2009 regarding the use of state funds to visit a mistress in Alabama. In April of this year, JMI was retained to draw up SDSU's plans for the school's Mission Valley stadium project that is now at the center of November's ballot battle.

Since July 1, more than $1.7 million has been collected by the SoccerCity opponents and SDSU backers, versus $25,482 for the pro-SoccerCity campaign from partner Nick Stone, city records show. During the first half of the year, the funding advantage was reversed, with SoccerCity proponents raising $1.53 million from the venture's investors, and opponents coming up with $655,624, $350,000 of which was provided by Sudberry and H.F. Fenton. Luddy and McGrory each gave $25,000.

Here's something you might be interested in.
Submit a free classified
or view all
Previous article

Angry Pete’s goes from pop-up to drive-thru

Detroit Pizza sidles into the husk of a shuttered Taco Bell
Next Article

Angry Pete’s goes from pop-up to drive-thru

Detroit Pizza sidles into the husk of a shuttered Taco Bell
JMI was retained to draw up SDSU's plans.
JMI was retained to draw up SDSU's plans.

Since late August, more than $1.7 million has poured into the coffers of forces battling the takeover of city-owned Qualcomm Stadium by SoccerCity, a group of wealthy La Jolla investors who have a friend in San Diego mayor Kevin Faulconer but not the city's political fat cats, including ex-Padres owner John Moores.

Moores and Jeff Schemmel. JMI Sports hired Jeff Schemmel after he left the school under a shadow regarding the use of state funds to visit a mistress in Alabama.

On Thursday, September 20 alone, a grand total of $871,000 was raised by two political committees seeking to block SoccerCity, with the bulk of the money, $780,000, provided in two equal payments by Mission Valley development giants Sudberry Properties and H.F. Fenton Company to a committee calling itself Public Land, Public Benefit. That fund is waging a take-no-prisoners campaign against Measure E, SoccerCity's proposal on November's ballot.

Sponsored
Sponsored

Former assemblyman Steve Peace worked for Moores "to develop the Qualcomm Stadium site into a civic gem."

The balance of the super Thursday cash, $91,000, was anted up for Friends of SDSU, promoting Measure G, a competing ballot proposition that if it beats SoccerCity at the ballot box would turn the former stadium land over to San Diego State University. $25,000 donors to the cause included ex-city manager Jack McGrory, a California State University trustee leading the drive, and Stephen Doyle, ex-president of the San Diego division of Brookfield Homes.

Frederic Luddy, one-time associate of Moores, kicked in $25,000 to Friends of SDSU.

ServiceNow's Frederic Luddy kicked in $25,000. He and his onetime associate Moores, whose JMI Realty came up with $22,000 for the SDSU backers on September 19, featured prominently in one of the city's biggest-ever financial meltdowns, the stock scandal at Peregrine Systems. As recounted by Don Bauder in January 2015, JMI Equity owned 49 percent of ServiceNow after it was taken public in mid-2012.

Moores has long expressed an interest in development of the former Qualcomm Stadium site. In April 2016, JMI Equity rolled out his notion of how SDSU could use the property at an event sponsored by SDSU's Corky McMillin Center for Real Estate.

"The JMI team (represented by President John Kratzer and Steve Peace), working in concert with Steve Black of Cisterra Development, another prominent San Diego developer (and SDSU alumni), will unveil their proposal to develop the Qualcomm Stadium site into a civic gem that all SDSU alumni and San Diego County residents will claim proudly," said a March invitation to a JMI-sponsored event touting the putatitve redevelopment scheme.

Another Moores venture, college athletics business consulting company JMI Sports, has longtime connections to SDSU. The firm hired the university's former athletic director Jeff Schemmel after he left the school under a shadow in November 2009 regarding the use of state funds to visit a mistress in Alabama. In April of this year, JMI was retained to draw up SDSU's plans for the school's Mission Valley stadium project that is now at the center of November's ballot battle.

Since July 1, more than $1.7 million has been collected by the SoccerCity opponents and SDSU backers, versus $25,482 for the pro-SoccerCity campaign from partner Nick Stone, city records show. During the first half of the year, the funding advantage was reversed, with SoccerCity proponents raising $1.53 million from the venture's investors, and opponents coming up with $655,624, $350,000 of which was provided by Sudberry and H.F. Fenton. Luddy and McGrory each gave $25,000.

Comments
Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Previous article

San Diego Reader 2024 Music & Arts Issue

Favorite fakers: Baby Bushka, Fleetwood Max, Electric Waste Band, Oceans, Geezer – plus upcoming tribute schedule
Next Article

Reader 1st place writing contest winner gets kudos

2nd place winner not so much
Comments
Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories Fishing Report — What’s getting hooked from ship and shore From the Archives — Spotlight on the past Golden Dreams — Talk of the town The Gonzo Report — Making the musical scene, or at least reporting from it Letters — Our inbox Movies@Home — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Theater — On stage in San Diego this week Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close

Anchor ads are not supported on this page.