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RAIDERS' PSL PROBLEMS PUT PUBLIC IN THE HOLE

     Oakland officials admit that Raiders PSL sales have "taken
in far less cash than expected," and city and county officials
are conducting an audit to find out "how deep a hole they are
in," according to the S.F. CHRONICLE.  In order to pay for the
$200M in bonds that financed Coliseum operations and expansion,
stadium officials had hoped to make $44.4M in PSL sales in '95
and $48.5M in '96.  But the only raised $25M last season -- money
that will be used to pay for this year's bills.  Any need for a
taxpayer bailout, however, is at least a year away, at which
point officials may have to dip into city and county general
funds  (DelVecchio & Fimrite, S.F. CHRONICLE, 7/22).
     PLAN B:  Late last week, Oakland and Alameda County
officials also restructured the "troubling ticketing campaign"
the Raiders had implemented in a "stopgap attempt" to repay their
debt.  The new deal allows current PSL holders to purchase six
additional season tickets -- $410, $510 and $610 -- for '96, not
including playoffs.  Those buying PSLs from now on can buy two
additional tickets for friends and relatives (S.F. CHRONICLE,
7/19).

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