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IS TAGLIABUE READY TO STEP IN AND MEDIATE 49ERS DISPUTE?
Published January 30, 1998
Talks are under way that could bring 49ers Owners Eddie DeBartolo and Denise DeBartolo York to New York to meet with NFL Commissioner Paul Tagliabue to settle a dispute regarding ownership of the 49ers, according to Clark Judge of the SAN JOSE MERCURY NEWS. NFL VP/Communications Greg Aiello: "It's under discussion" (S.J. MERCURY NEWS, 1/30). THE MONEY PIT? In S.F., Matier & Ross report, "It's not just Eddie DeBartolo's legal problems that have driven his family up the wall -- it's his free-spending lifestyle and money-draining expeditions." Sources close to the DeBartolos said Eddie "has burned up roughly" $75M of the "family fortune on gaming, restaurants and other business ventures -- with little to show from it except a possible indictment" in LA. A source adds that DeBartolo "personally owes" Denise DeBartolo York "more than" $50M, "a sore spot that is helping fuel family tensions and casting doubts over the fate of the football franchise itself." Sources add that a "big part of Eddie's money woes came when he began pursuing his casino and cardroom interests. DeBartolo has put sizable money into campaigns aimed at winning approval for his various gaming ventures -- none of which have gotten off the ground." DeBartolo York "appears to be in no mood to spend another dime of family money on a new stadium or any of her brother's dreams" (S.F. CHRONICLE, 1/30).