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SNIDER TO LISTEN TO "OFFERS" FOR FLYERS
Published October 3, 1994
Flyers owner Ed Snider said he will "consider offers from anyone interested" in buying the team if the owners do not prevail in the current NHL labor dispute. Snider said the team had revenues of more than $30M last season, but had an operating loss of about $3M. In April, FINANCIAL WORLD reported the Flyers are worth $69M. Snider, who has run the team since the its inception as an expansion franchise in '67, said: "If we go this whole season without hockey, it will cost me a fortune. The stakes are very, very high for me, and why would I want to do this to myself?" The Flyers are only one part of the Snider's Spectacor conglomerate, which also includes the Spectrum, SpectaGuard and TicketMaster (Bob Ford, PHILADELPHIA INQUIRER, 10/1).