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KIEL CENTER PARTNERS TO POUR $20M MORE INTO BLUES AND ARENA

          Clark Enterprises Inc., which owns the Blues and Kiel
     Center, "will pump" $20M more into those entities, according
     to Dave Luecking of the ST. LOUIS POST-DISPATCH.  The money
     will be used to cover the debt service on Kiel Center and to
     help pay for $18.9M in player contracts and "buyouts for the
     Blues."  Luecking reports this "new cash comes on top" of a
     $16.6M cash call in '96 and a $16M bailout last season. 
     Blues President Mark Sauer said $8M would be paid this
     month, another $8M in February and the remaining $4M
     "shortly thereafter."  Of the team's $18.9M in contract and
     buyouts, more than half, or $9.6M, will be paid to 14
     players no longer on the team.   Sauer: "This is the high-
     water mark, mostly because of all the deferments and
     buyouts.  It's a full accounting of all that's happened in
     the last year."  The team is also paying contract buyouts to
     former coach/GM Mike Keenan and former President Jack Quinn. 
     The 19 companies that make up Clark Enterprises -- "formerly
     known as Kiel Center Partners -- will inject cash into the
     operation on a percentage basis equal to their share of the
     team."  Sauer said that the Blues owners owe "some" $90M on
     Kiel Center.  Debt service on the arena is about $7-9M per
     year and Sauer added that it will take 5 to 10 years to pay
     off the debt (ST. LOUIS POST-DISPATCH, 1/8).

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