TARDY RAIDERS FANS MAY TRIGGER TAP OF PUBLIC FUNDS

     Raiders fans have yet to make payments on 15% -- or nearly
6,000 -- PSLs sold last year, and, as a result, a public fund may
have to be tapped to pay off almost $200M in bonds that helped
the Raider's move from L.A..  The SAN JOSE MERCURY NEWS reports
the Oakland Football Marketing Association last year sold 39,000
of about 57,000 PSLs, which cost from $250 to $4,000 per seat and
gave fans the right to buy tickets for 10 years.  Many fans cited
getting the excitement of the Raiders' return and enthusiastic
predictions of a "quick sellout of" the Oakland Coliseum as
reasons for buying tickets they could not afford.  Even if all
delinquent accounts are paid in full, sales would fall more than
$20M short of "break even" for avoiding tapping public funds
(Renee Koury, SAN JOSE MERCURY NEWS, 4/17).