Business Services Industry

Leaders Tell Boston Red Sox to Find More Private Money for Proposed Ballpark.(Knight Ridder/Tribune Business News)

Knight Ridder/Tribune Business News, June, 2000 by Vaillancourt, Meg

Jun. 1--After a two-hour summit at the State House, city and state leaders called on the Red Sox yesterday to contribute more private funds to their proposed $627 million ballpark in the Fenway.

Emerging from the meeting, Governor Paul Cellucci said the Red Sox must "sharpen their pencils" and develop a financing plan that guarantees full repayment of the $275 million in public funds the team is seeking. House Speaker Thomas M. Finneran, state Senate President Thomas F. Birmingham, and Boston Mayor Thomas M. Menino reiterated Cellucci's demand.

"The state and the city are willing to help ... but it's clear that there's not enough private money in this now," Cellucci said.

The team defended its proposal, saying the $352 million it has...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here