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TORONTO GROUP FORMS FOR POSSIBLE NFL EXPANSION BID
Published February 21, 1996
While efforts by Toronto Sun publisher Paul Godfrey to attract an NFL expansion team for the city have gone on behind- the-scenes to this point, "that is about to change," according to the FINANCIAL POST. The paper reports the Godfrey-led group "is officially pounding the pavement looking for money." The person in charge of finances is Capital Canada Ltd. President & CEO Robert Foster, who put together the financing of SkyDome and engineered the management-led buyout of TSN. Others said to be involved include Coopers & Lybrand, attorney Dale Lastman of Goodman Phillips & Vineberg, and financier Larry Tanenbaum. With SkyDome luxury box leases expiring in '99, the facility's partners should also want to attract an NFL team to join the "fading" Blue Jays (Jamie Wayne, FINANCIAL POST, 2/20).