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JETS DEAL READY TO BE SIGNED -- SHENKAROW LOOKING FOR MORE?
Published May 25, 1995
Some close to the Jets negotiations "are concerned" that Owner Barry Shenkarow may be "trying to put off signing the final agreement" to sell 42% of the team to a local group "in hopes of upping the ante," according to this morning's WINNIPEG FREE PRESS. John Douglas reports that The Spirit of Manitoba, Inc., the company created by the Manitoba Entertainment Complex and other local investors, has met Shenkarow's previous demands, but that Shenkarow wants "a memorandum of understanding" instead of a purchase and sale agreement. A source close to the deal told Douglas "an attempt to raise the price was the only reason he could think of for the delay" (WINNIPEG FREE PRESS, 5/25).