SBD/Issue 141/Facilities & Venues

Facility Notes

Global Spectrum Senior VP Frank Russo said that his company “did not submit a bid for SMG to Morgan Stanley, the investment bank handling SMG’s sale.” AEG President & CEO Tim Leiweke also said that his company “was not interested in acquiring SMG and its estimated 180 facility contracts” (Don Muret, SPORTSBUSINESS JOURNAL, 4/16 issue)....San Jose Chief Development Officer Paul Krutko issued a report confirming A’s Owner Lew Wolff’s proposal to finance a new soccer and football stadium on the San Jose State Univ. campus “would not require any public investment” and would be built “debt-free.” Funds for the stadium would come from a real estate deal proposed by Wolff (SAN JOSE MERCURY NEWS, 4/17)....BC Place Stadium will host an exhibition match October 3 between the USL first division Vancouver Whitecaps and the MLS Galaxy (, 4/17).

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