SBD/1/Facilities Venues

BROCHU GIVES PSL SALES UPDATE, BUT WILL SUPPORT BE ENOUGH?

          Since the Expos launched the first phase of their
     stadium project June 21, the team has raised "just over"
     C$20M from PSL sales, having sold 25 1/2 of the loge
     licenses available, "including 23 at $110,000 each,"
     according to Jack Todd of the Montreal GAZETTE.  The Expos
     have also sold 2,213 of the 18,000 PSLs needed to be sold
     "if this stadium is going to become a reality."  Most of the
     PSLs sold so far have been for the "more expensive" seats;
     986 of 1,314 $10,000 seats have been sold, while "only"
     eight of those in the $2,000 category and 206 of the $500
     seats have been bought.  Expos President Claude Brochu also 
     "confirmed" that he is "in the process" of negotiating a
     naming rights deal for the stadium for about C$40M.  Brochu
     said that "at least" three corporations are "still in the
     running."  Brochu also said that the team is "currently in
     the process of holding serious talks with the various levels
     of government" about some form of government assistance
     (GAZETTE, 11/27).  In Montreal, Ted Blackman calls the $20M
     raised so far by Brochu "a loose commitment ... for front
     pews from the devoted parish" (Montreal GAZETTE, 11/30).

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