WHAT'S IN THE STARS FOR NORM GREEN? LENDERS SAY, "SELL!"
Sources close to the situation say Stars Owner Norman Green
is being "pressured" to sell part of his team by the end of June,
or his lenders might "take action," according to the DALLAS
MORNING NEWS. Green is in the process of trying to sell 50% of
the Stars to a Dallas investor group for $40M, which would go to
pay the debts he owes several lenders. An investment group led
by Dallas financier Thomas Hicks is the "most likely" to become
Green's partner and Monday met with NHL Commissioner Gary
Bettman, who is eager to resolve the matter to avoid any further
involvement by lenders, which would be "embarrassing" to the
league (Richard Oppel & Terry Egan, DALLAS MORNING NEWS, 6/23).