SBD/2/Franchises

FORMER BLUES EXEC SHANAHAN INTERESTED IN CARDS

     Former Blues Chair Michael Shanahan confirmed he is working
with attorney Thomas Guilfoil in considering a bid for the
Cardinals, according to this morning's ST. LOUIS POST-DISPATCH.
Shanahan, who "was popular with fans when he ran the Blues, lends
credibility to Guilfoil's efforts."  Shanahan said he couldn't
commit to buying the team because Anheuser-Busch has yet to
release the financial information necessary.  He did, however,
express reservations about buying the team:  "The question I have
for myself, if a company as strong as Anheuser-Busch has decided
they don't see a future in baseball, what makes the rest of us
think we can step in and make a success of it?"  Guilfoil,
Shanahan's attorney and friend, "doesn't enjoy the same level of
public esteem as Shanahan" because of his role in the Cardinals'
move to Phoenix in '88.  Neither claims to have money to buy the
team, but said raising money from other sources is "not a
problem" (Robert Manor, ST. LOUIS POST-DISPATCH, 11/2).
     A-B'S SHOCK WAVES:  A-B's sale of the Cardinals "has
everything to do" with baseball's current problems, according to
Bill Conlin of the PHILADELPHIA DAILY NEWS. Unlike his father and
grandfather, August Busch III saw the "bottom line" ($12M in
losses last year) and where it fit into "the corporate
structure." And with another "winter of Balkan-style fratricide
looming, followed by another season of fan defections and
uncertain income," A-B decided to do "what it would do to any
other subsidiary not pulling its weight."  Conlin writes, "The
gentlemen-sportsmen who once were willing to take the hit for the
honor of owning the Babe Ruths are long gone.  Peter O'Malley is
the last of the of the one-family owners.  And there are a lot of
nervous limited partners out there who are discovering it is no
longer trendy to be mentioned at cocktail parties in the same
breath as Don Fehr, Bud Selig and Albert Belle" (PHILADELPHIA
DAILY NEWS, 11/1).
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