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
Phoenix FC's owners get the boot
November 3rd, 2013 2:22AM
Subscribe to Soccer America Daily

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
What They're Saying: Diego Maradona    
"He must go on because he has it in him and will last for a long ...
What They're Saying: Joe Hart    
"From the bottom of my heart, I'm sorry. I'm an England fan through and through and ...
USL Rewind: Saint Louis rewards another sellout crowd    
As the midpoint of the season approaches, there's a good mix of elite teams and those ...
MLS Power Rankings: Colorado stays on top    
A few teams in the top 10 of Soccer America's MLS Power Rankings changed places, but ...
Copa Centenario: How U.S. players rated    
The USA's performance at the 2016 Copa Centenario was a mixed bag, as reflected by how ...
Video Pick: Gio and Manneh lead MLS golazos    
Giovani dos Santos' pinpoint header off a Steven Gerrard cross and Kekuta Manneh's 19-yard shot after ...
Euro 2016: Results & schedule    
After the round of 16, Euro 2016 breaks for three days before the quarterfinals, which will ...
TV Report: Centenario final draws 9.9 million viewers    
The Copa Centenario final between Argentina and Chile was watched by 6,900,000 million viewers on Univision ...
Video Pick: Explaining the Rise of Iceland    
Sixteen years ago, Iceland, a nation of 325,000, came up with a master player development plan. ...
NWSL Rewind: Flash flood of goals ties record    
The Western New York Flash tied an NWSL record when it beat the Boston Breakers, 7-1. ...
>> Soccer America Daily Archives