Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
St. Louis pro teams in dire straits
St Louis Globe-Democrat, May 21st, 2010 3:22AM

MOST READ
TAGS:  ussf division 2, wps

MOST COMMENTED

St. Louis' pro teams --  the men’s AC St. Louis of the USSF Division 2 Professional League and Athletica of Women’s Professional Soccer (WPS) -- are facing severe financial challenges. Major investors based in England contracted to support both teams through 2011 have run into “funding difficulties” that have put the teams at risk, according to sources.

Jeff Cooper, the local attorney who headed the efforts to start both teams, is attempting to put together additional funds to keep the clubs running. U.S. Soccer Federation spokesman Neil Buethe responded to questions about the financial health of AC St. Louis and the Athletica, saying, “U.S. Soccer is aware of some challenges that are currently going on and we are diligently working through the situation.”

Tony Hubert, the spokesman for both teams, said: “The expressions by U.S. Soccer and Women’s Professional Soccer also represent the respective positions of AC St. Louis and St. Louis Athletica. We’re working closely with each organization and appreciate their interest in the matter.”

Brothers Heemal and Sanjeev Vaid are the English investors who were introduced as directors of AC St. Louis when the team was announced last Dec. 8 and both are backers of the Athletica. Vaid owns a global commodity-trading firm while Heemal directs several companies in the English restaurant industry.

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Chivas USA Youth Players Face Murky Future    
Chivas USA, which folded after the 2014 season, had one of the MLS's most ambitious youth ...
Roma Partnering with U.S. Youth Clubs    
Italian Serie A club Roma, which has American ownership, aims to forge partnerships with seven U.S. ...
LVG: Falcao "Has to Prove Himself"    
Manchester United coach Louis van Gaal has responded to criticism over dropping Radamel Falcao by claiming ...
Report: Adidas to Assist Messi Move?    
According to Spanish sports daily AS, Lionel Messi's sponsor Adidas could be the key to the ...
Mourinho Questions Man City's Transfer Policy     
Chelsea coach Jose Mourinho suggested that rival Manchester City is not adhering to UEFA's Financial Fair ...
Toure Admits Man City Future in Doubt     
Speaking ahead of the opening games of the African Nations' Cup in Equatorial Guinea this weekend, ...
Ronaldo Blasts 'Defensive' Atleti Tactics    
Cristiano Ronaldo blasted Atletico Madrid for its unattractive style after the Rojiblancos ousted Real Madrid from ...
Fabian Johnson's 'Spat' with 'Gladbach Coach Favre    
According to Bild, USA defender Fabian Johnson is in a "spat" with Borussia Monchengladbach coach Lucien ...
Serie A to Introduce Goal-Line Technology     
Serie A will introduce goal-line technology next season after the Italian soccer federation (FIGC) gave its ...
Ronaldo: Cristiano Junior Prefers Messi     
Real Madrid forward Cristiano Ronaldo, who on Monday was named the 2014 Ballon D'Or winner, revealed ...
>> Section 2 Around the Net Archives