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  • BANKBOSTON PLOTS GAME PLAN TO INCREASE ITS SPORTS BUSINESS

              BankBoston, in an effort to participate more actively
         in the business of sports finance, yesterday announced a
         partnership in which it will invest and hold a minority
         interest in Boston-based sports consulting firm Game Plan
         LLC.  Terms of the deal were not disclosed.  Founded in '95
         by attorney Robert Caporale and former Patriot Randy Vataha,
         Game Plan's clients include the All American Football
         League, for which it serves as a consultant.  The company
         also recently assisted in the sale of 50% of the Penguins
         (Game Plan/BankBoston).  In Boston, Tina Cassidy reports
         that BankBoston finances the Patriots, Stars and Eagles. 
         However, Vice Chair Paul Hogan said that its lending
         portfolio is "relatively small," in the $100M range, and the
         bank "hopes to boost" that portfolio with the Game Plan
         venture.  Caporale will leave his law partnership at Brown
         Rudnick Freed & Gesmer and will move Game Plan offices out
         of the firm and into space at BankBoston's headquarters. 
         Game Plan will retain its name (BOSTON GLOBE, 12/18).  
    
    

    Print | Tags: Dallas Stars, Finance, New England Patriots, Philadelphia Eagles, Pittsburgh Penguins, Southwest Sports Group
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