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CLANCY MEETS WITH TAGLIABUE, DETAILS OWNERSHIP BID ON VIKES
Published May 12, 1998
Tom Clancy's pursuit of the Vikings "remains on track" after a two-hour meeting Monday with NFL Commissioner Paul Tagliabue, "but it appears likely to extend beyond next week's owners' meeting in Miami," according to Paula Parrish of the Minneapolis STAR TRIBUNE. NFL VP/Communications Greg Aiello said it is uncertain whether the owners will formally vote next week on Clancy's bid to buy the Vikings. Clancy spokesperson Marc Ganis said Clancy's group presented a package detailing 19 investors who comprise the group; the percentage of the team each investor would own; and the financial and operating structure of the group. Ganis said actor Tom Selleck is not an investor (Minneapolis STAR TRIBUNE, 5/12). In DC, Leonard Shapiro reports that while the NFL described the meeting as "constructive," league sources said that Tagliabue "still had many of the same concerns he had before the meeting" (WASHINGTON POST, 5/12). In St. Paul, Charley Walters writes to "count on" Clancy selling his 24% interest in the Orioles, worth an estimated $50M, in his bid for the Vikings (PIONEER PRESS, 5/12). A CLEAR AND PRESENT DANGER? In St. Paul, Bob Sansevere writes that there are "league-affiliated people with concerns about Ganis' involvement" in the deal. Sansevere: "The word is, people around the NFL worry that Ganis is fond of litigation and fear he'll sue if things don't go his way." Ganis, whose Sportscorp Ltd. consults on facility development, said that during yesterday's meeting, the "only issue with respect to me that came up (had to do with) conflict of interest. ... If there are projects the league feels conflict, I'll bow to the league." Ganis, asked if he'd step aside if he somehow was hindering the deal: "Don't even bother asking the question" (PIONEER PRESS, 5/12).