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RUSSIA'S ECONOMIC WOES PUT KREMLIN CUP IN JEOPARDY

          Financial problems in Russia "mean" that the tennis
     court "may not be ready" for the Kremlin Cup tournament
     scheduled to start on October 19, according to Gennady
     Fyodorov of REUTERS.  Event organizers said that "they could
     not afford the import duties" for the indoor surface being
     shipped to Moscow this week, and are "hoping customs
     officials will turn a blind eye."  General Dir Yakov
     Shakhtin: "I'm hoping the customs people will understand our
     situation."  The tournament has cut expenses for both the
     women's and men's tournaments -- (scheduled for November 9)
     -- including dropping the opening and closing ceremonies,
     decreasing handouts of souvenirs, and "all but" eliminating
     free VIP passes.  Prize money remains at $950,000 for the
     women and $1.2M for the men (REUTERS, 10/7).       
          TENNIS: Pilot Pen Int'l Tournament CEO Mike Davies
     confirmed yesterday that after nine years in New Haven, CT,
     the men's tennis tournament was sold for $1.7M to Austrian
     investment group Kitzbuhel (HARTFORD COURANT, 10/9).



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