SBD/20/Franchises

TAGLIABUE FAVORS TOM CLANCY'S BID; IS ROGER OVER AND OUT?

          NFL Commissioner Paul Tagliabue ruled in Tom Clancy's
     favor in the Vikings ownership dispute, according to Don
     Banks of the Minneapolis STAR TRIBUNE.  Tagliabue ruled that
     team President Roger Headrick's right to match or top
     Clancy's bid "did not apply to the sale agreement between
     Clancy and the Vikings board."  The "major stipulation" of
     the ruling is that the current Vikings co-owners "are barred
     from re-investing under Clancy -- until after the transfer"
     of 100% of the team's stock.  Then, they can buy back into
     the team, "though with greater tax liability."  At least two
     co-owners -- Wheelock Whitney and James Binger -- "are
     considered likely to re-invest."  Clancy's purchase still
     needs approval from NFL owners (Minneapolis STAR TRIBUNE,
     3/20). In St. Paul, Charley Walters reports that Clancy's
     investors list "will total about 15," but Clancy said that
     Orioles Owner Peter Angelos "probably will not be an
     investor" in the Vikings (ST. PAUL PIONEER PRESS, 3/20).   
          HIT THE ROAD, ROGER? In Minneapolis, Paula Parrish
     reports that Headrick "next may lose his position as team
     president."  Some Vikings board members "are adamant that he
     resign or be removed, possibly before next week's owners
     meeting."  During their conference call discussing
     Tagliabue's decision, the co-owners "instructed" team
     attorney John Mooty "to press Tagliabue for the right to
     remove Headrick."  Headrick said he plans to retain his
     position and attend the owners meeting: "I'll be here right
     up until the sale of the team is closed" (STAR TRIBUNE,
     3/20).  In Minneapolis, columnist Dan Barrieiro, on the
     ruling: "To rule in favor of Headrick, and the status quo,
     would have been to deliver a public relations blow to this
     franchise so severe that even the most loyal Vikings fans
     might have fled to Arena Football" (STAR TRIBUNE, 3/20).  

Return to top
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug