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MADISON SPORTS & ENTERTAINMENT ANNOUNCES PUBLIC OFFERING

 NEW YORK, March 1 /PRNewswire/ -- A $4 million secondary firm commitment public offering was announced today by Madison Sports & Entertainment Group, Inc., Kingston, N.Y. Joseph D. Radcliffe, chairman and CEO, said that Barron Chase Securities, of Boca Raton, Fla., will underwrite the offering, consisting of 3,700 units at $1,100 per unit, including preferred stock and three warrants.
 The company's shares are currently traded on NASDAQ Bulletin Board (symbol: MSET), and according to Mr. Radcliffe, following completion of this offering, Madison plans to apply for full NASDAQ listing.
 Madison is a sports and entertainment conglomerate whose operations include: sports management, celebrity memorabilia and endorsements, and development of emerging sports.
 -0- 3/1/93
 /CONTACT: Joseph Radcliffe, chairman of Madison Sports & Entertainment Group, Inc., 914-338-0590/
 (MSET)


CO: Madison Sports & Entertainment Group, Inc. ST: New York IN: ENT SU: OFR

CK-SM -- NY047 -- 1330 03/01/93 10:47 EST
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Publication:PR Newswire
Date:Mar 1, 1993
Words:149
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