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BETTMAN INTERVENES IN PENGUINS' OWNERSHIP DISPUTE

          The NHL has "planned a meeting to end all meetings
     concerning the Penguins' ownership crisis, one that would
     finally resolve the feud" between co-Owners Howard Baldwin
     and Roger Marino, according to Dejan Kovacevic of the
     PITTSBURGH POST-GAZETTE.  The meeting will take place in
     N.Y. at an "undetermined date" within the next ten days and
     will include Baldwin, Marino and a few of the teams'
     creditors.  Though the NHL is unable to "impose" a decision,
     it has indicated it will "push hard for a resolution."  NHL
     Commissioner Gary Bettman first wants to meet with Baldwin
     in the next three days to review his five-year plan "to make
     the team profitable again," which he put together with the
     help of his lawyers and Boston consulting firm Beacon
     Sports.  Though Baldwin "has yet to secure enough investors"
     in his bid to buy out Marino, he said that league support of
     his plan will help him convince investors to join his group. 
     Baldwin: "It's a good plan, a solid, viable plan."   Baldwin
     is also talking with Civic Arena manager SMG, who filed suit
     against the Pens for failure to pay a $545,000 installment
     on a $1M promissory note.  Baldwin has been meeting with SMG
     and "wants to work" with them.  SMG President Wes Westley,
     on their relationship: "Howard is somebody we can work with,
     but not the other guy [Marino]" (POST-GAZETTE, 9/15).
          THAT OTHER GUY: Marino told Joe Starkey of the
     Pittsburgh TRIBUNE-REVIEW that he believes Baldwin misled
     him with "wildly inaccurate" financial projections for the
     team.  Marino: "His plan said we would earn $2.7 million
     last season, and we end up losing 17 something million. 
     What kind of a plan is that?" (TRIBUNE-REVIEW, 9/14).

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