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ATTENTION INVESTORS: CANADIAN VENTURE CAPITAL FUND PLANNED

     Sportfund, a new venture capital fund sponsored by the CFL
Players Association, will be introduced at the Hockey Hall of
Fame in Toronto tomorrow.  The fund, which has been secretly
planned for six months, will allow Canadians to become involved
in investing in sports-related industries throughout the country,
and could also raise as much as $100M in its first year of
operation.  Sportfund's Advisory Council includes Franco Harris,
and Hockey Hall of Famers Darryl Sittler and Brad Park, and will
be headed by Joel Albin, a former VP at the Bank of Montreal.
Sources say he has "arranged for the CFL Players Association to
sponsor his fund."  Investors will "be able to put in $5,000 a
year, which will be eligible for the registered retirement
savings plan."  The fund will be "designed to invest in small
businesses in Canadian sports and fitness industries, such as
apparel and equipment manufactures."  The CFLPA could earn as
much as $400,000 a year for being involved in Sportfund (Marty
York, TORONTO GLOBE & MAIL, 11/8).
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