Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Soccer World Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds Game Report
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
Athletica's demise another blow to St. Louis soccer
by Paul Kennedy, May 27th, 2010 6:59PM
Subscribe to Soccer America Daily

TAGS:  soccer business, ussf division 2, wps


[WPS] The Saint Louis Athletica became the second Women’s Professional Soccer team to fold in four months when its owners closed shop on Thursday. Athletica players, including such U.S. national team stars as Hope Solo, Shannon Boxx and Lori Chalupny, will be available as free agents to other WPS teams as of Tuesday. For now, AC St. Louis, the D-2 Pro League club operated by the same ownership group, remains in business.

The move came after WPS covered the team's last two player payrolls. WPS will redo the remaining schedule for the 2010 WPS season as a seven-team league. The 2009 regular-season champion Los Angeles Sol folded before the season started.

“It’s incredibly difficult to lose a team in mid-season like this,” said WPS Commissioner Tonya Antonucci. “We looked at a few options as a league together with our Board and U.S. Soccer, but the operational hurdles and finances just didn’t work out. In the face of a severe funding gap in St. Louis, the local ownership group is shutting down the team at this point.”

Athletica's financial problems came after owners Sanjeev Vaid and Heemal Vaid, British-based investors, defaulted on a contract to fund Athletica through this season.

AC St. Louis remains in operation for the time being.

"Saint Louis Athletica is a painful outcome from the funding shortfalls and ultimate default by the investors who had the obligation to fund and operate the team on a day-to-day basis,” said Athletica founder and chairman Jeff Cooper, who was instrumental in bringing pro soccer back to St. Louis. “I’ve given this matter my complete attention since returning to a more active role in the last few weeks, and numerous parties have spent a lot of hours during that time exploring what options or solutions might be available. Despite best efforts, nothing was found that would answer the immediate needs of the franchise. With more time, it is possible the answer to the financial challenges Athletica faced would have been met, but unfortunately we do not have the benefit of extra time."

The problems Cooper's group encountered are not surprising. It had for several years sought an MLS franchise, but the Division I men's league had expressed concern about the group's financial resources and turned instead of Portland and Vancouver as its 17th and 18th teams, set to launch in 2011.

No comments yet.

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



Recent Soccer America Daily
LA schedules announced for NSCAA and MLS events    
Los Angeles will be the place to be for soccer in January. It will for the ...
Calendar: 2016-17 MLS offseason    
Major League Soccer won't waste time getting down to the business of preparing for the 2017 ...
What They're Saying: Franz Beckenbauer    
"Carlos Alberto was like a brother to me, one of my best friends." -- Former German ...
MLS: Pending Barnetta exit adds incentive for Union    
Of the 12 playoff qualifiers, Philadelphia compiled the fewest points (42) and drew a daunting match ...
What They're Saying: Sacramento planning and design commissioner Cornelious Burke    
"This project in my opinion is a game changer." -- Sacramento planning and design commissioner Cornelious ...
USL Expansion: Tampa Bay and Ottawa leave NASL    
As the USL and MLS grow, the NASL shrinks. From its membership of 12 teams for ...
MLS Moves: Jahn's goals net him new contract in Columbus    
A rough season for Crew SC did yield some hope for the future, and as part ...
MLS Playoffs: Teams limp into Knockout Round    
Between them, the LA Galaxy and Real Salt Lake have made 11 MLS Cup appearances and ...
Video Pick: Carlos Alberto's wonder goal    
Carlos Alberto, who died at age 72 on Tuesday, scored one of the greatest World Cup ...
Video Pick: Sweet solo strike from Leipzig    
One of the reasons newly promoted RB Leipzig is only two points behind Bundesliga leader Bayern ...
>> Soccer America Daily Archives