Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySoccer World 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
Phoenix FC's owners get the boot
November 3rd, 2013 2:22AM

MOST READ
TAGS:  usl

MOST COMMENTED

[USL PRO] USL PRO has terminated the franchise rights of the owners of Phoenix FC, BDR Sports, after just one season. In a statement issued Saturday, USL PRO said Phoenix FC will continue to participate in the league in 2014 under new ownership and the ownership group will be unveiled later in November. For USL PRO president Tim Holt's letter to BDR Sports, detailing the franchise agreement violations that led to BDR Sports' termination.

Holt's letter released by Indy Week outlined four violations:

-- BDR Sports' failure to maintain a full performance security and replenish its balance within 30 days of being drawn upon;
-- BDR Sports' submission of misleading and inaccurate financial statements distorting the ownership group’s financial worth prior to the acquisition of the franchise;
-- BDR Sports' failure to carry worker’s compensation insurance for a period of time during the 2013 season;
-- BDR Sports' commission of three or more minimum standards defaults under the franchise agreement in during the season. (Most of the 17 violations related to failure to timely report game information.)

Phoenix began the 2013 season playing at Arizona State University's Sun Devil Stadium, the women's soccer stadium, in Tempe, but it moved for its final games to Reach 11, a youth sports complex, where attendance, already on the decline from the 4,198 fans for its opener, plummeted.


No comments yet.

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




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Soccer America Daily
MLS Week 4: Results & Standings    
FC Dallas became the first MLS team to reach 10 points but it wasn't easy as ...
USL Week 2: Results & Standings    
The new Roughnecks celebrated the return of pro soccer to Tulsa a sellout crowd of 8,335 ...
USA romps in Bosnia-Herzegovina, 5-2     
The U.S. team preparing for Olympic qualifying defeated Bosnia-Herzegovina's under-21 team, 5-2, in a friendly played ...
MLS Week 4: FC Dallas puts its perfect record on line    
FC Dallas, the only remaining unbeaten and untied team in MLS, hosts the 2014 Supporters' Shield ...
Berti's back: 'Der Terrier' moves to U.S. sidelines    
Berti Vogts, who is responsible for Jurgen Klinsmann getting his job as German national team coach ...
USL Week 2: Finley joins Independence movement    
All 24 USL teams are in action this week as 10 of the 13 new teams ...
What They're Saying: Jason Kreis    
"It's impossible for me to say, but I really had expected Mix to go. I think ...
Road to Russia: Barbados ends USVI dream    
Barbados made amends for a shock 1-0 loss at home during which it had two penalty ...
MLS Trade Central: Timbers sign Ghanaian winger    
The Portland Timbers have acquired winger Ishmael Yartey on loan from French Ligue 2 club Sochaux. ...
What They're Saying: Landon Donovan    
"It was the first time in my life that I had not made a team, that ...
>> Soccer America Daily Archives