Who will stay or go

[1st & Goal]

It has been brought up in another thread about the current turbelence in the league. Just throwing this out for debate. Here's a list of teams that may leave the league:

1 - Richmond - already said "adios"
2 - Syracuse - "suspended operations" Does that mean "stick a fork in us, we're done"?
3 - Steubenville - scheduled a team for their home finale on their own because they didn't trust the league to follow through with their commitment. If they don't trust the league to stay with their commitment, do you really expect them to be here next year?
4 - Since Steubenville and Miami Valley are owned by the same person, will the Silverbacks stick around if their brothers leave?
5 - Canton - before the league boards were shut down, there was a hint that they may leave.
6 - Eerie - Canton vs. Erie rivalry is probably the premiere rivalry in the AIFL, if the Legends move on will the Freeze follow suit?
7 - Ghostriders ('Chasers) - 2 year traveling team will find a home in the grave. Doubt if they will ever be back.

[tony-o]

Richmond is gone already. There are rumors of the Southern Division leaving the league. Erie and Canton leaving for the GLIFL could happen but I think that is only rumors for right now.

[Red Zone]

First I heard about the entire Southern Division leaving. If that materializes, it will make it much harder for the league to find an owner for the expansion team in Tupelo. But then again, if at least half of your teams leave, will the demise of the entire league be far behind? One thing to consider about the Southern Division is that you really only have 2 owners that own 4 out of the 8 teams. Rome and Raleigh owned by Mr. Pierce. Augusta and Florence owned by Mr. Young. Richmond already gone, Ghostchasers are non existant. That leaves Daytona Beach owned by the Macdonald's and the CV Vipers. The GLIFL is probably salivating at possibly getting Canton and Eerie. That move would solidify an already well run league.

[sportsmgrjay]

When haines attempted to sell the league, he voided any and all contracts he had in place. Ghostchasers are not even a team, or are they. and dont forget about the NIFL teams in the area that are leaving, real wise MOVE FOR HAINES TO TRY TO SELL TO A COMPANY THAT IS TRADING AT $ 1.10 cents a share, real value in that one,,,,,way to go,,,,,,they are buying a league that wont have 6 financially stable teams...LMAO<<<LMAO<<<LMAO,,,,,,sounds like HP Patterson is involved in this one........:cool: :p :p

[BarbaraPatterson]

When haines attempted to sell the league, he voided any and all contracts he had in place

Tell me where did you get your law degree? Putting a business up for sale, or even selling it would not void any contracts.

A contract with the AIFL, is a contract with the AIFL regardless of the ownership.

[BarbaraPatterson]

It has been brought up in another thread about the current turbelence in the league. Just throwing this out for debate. Here's a list of teams that may leave the league:

1 - Richmond - already said "adios"
2 - Syracuse - "suspended operations" Does that mean "stick a fork in us, we're done"?
3 - Steubenville - scheduled a team for their home finale on their own because they didn't trust the league to follow through with their commitment. If they don't trust the league to stay with their commitment, do you really expect them to be here next year?
4 - Since Steubenville and Miami Valley are owned by the same person, will the Silverbacks stick around if their brothers leave?
5 - Canton - before the league boards were shut down, there was a hint that they may leave.
6 - Eerie - Canton vs. Erie rivalry is probably the premiere rivalry in the AIFL, if the Legends move on will the Freeze follow suit?
7 - Ghostriders ('Chasers) - 2 year traveling team will find a home in the grave. Doubt if they will ever be back.

I would stipulate for this forum, under the current ownership, or under new ownership? I know there are several teams waiting to find out before they decide.

[tony-o]

I would stipulate for this forum, under the current ownership, or under new ownership? I know there are several teams waiting to find out before they decide.
You know? How much do you know? I think most teams would leave just because Andrew Haines is still in charge, not because of the league's owner.

[nksports]

3 - Steubenville - scheduled a team for their home finale on their own because they didn't trust the league to follow through with their commitment. If they don't trust the league to stay with their commitment, do you really expect them to be here next year?
4 - Since Steubenville and Miami Valley are owned by the same person, will the Silverbacks stick around if their brothers leave?

Both of those teams have had low attendance this season, although Miami Valley seems to be in a little bit better shape. If Miami Valley can do some marketing next year, they should be able to draw those displaced Dayton fans that aren't totally burned out on this up to Hobart Arena.

[Sphinx]

Well it looks like pretty much the entire northern division of the AIFL will be gone. One big one left out is Johnstown. This team went through alot of ups and downs this season. There were alot of internal problems that managed to stay out of the media (player, coach and staff pay) how that happend is amazing when you look at the other teams across the indoor world who's players go nuts when pay is a week late. Plus their owner has no local ties the Head Coach and GM who along with the entire coaching staff just resigned a few weeks ago had all of those ties. I read that Dawson is from the Harrisburg area...how you going to establish local ties without local staff??? Apparently there is a 3 year lease between the arena in Johnstown and the Riverhawks, I doubt the Riverhawks will live up to it. I just hope that the city doesn't get burned and the team or ownership get out of town while there is still time for another league or team to get in there. Johnstown is a great football city and they derserve better than the AIFL or the current state of thier team.

[preeths]

Silly season has begun!

[PIONEERSFAN101]

One thing that is certain is that we will not see Miami Valley and/or Steubenville in the GLIFL. So will they stick around in the AIFL or maybe give the UIF a shot?

[Red Zone]

Why would Miami Valley & Steubenville not go to the GLIFL and choose to stay with the AIFL?

[The Man, The Myth]

Why would Miami Valley & Steubenville not go to the GLIFL and choose to stay with the AIFL?

Maybe it's not Miami Valley or Steubenville's decision? You just can't hold a press conference and say "We're going to the GLIFL!" without the GLIFL saying you can come in.

[PIONEERSFAN101]

I am told that the coaches and owner do not like the 7 on 7 concept. Kind of a lousy reason to not move to a more stable league, but that's their stance.

[The Man, The Myth]

I am told that the coaches and owner do not like the 7 on 7 concept. Kind of a lousy reason to not move to a more stable league, but that's their stance.

All this discussion and reasons not to move are really moot.

There is only one thing that matters ... $$$. Can they make more money in the GLIFL than they can in the AIFL? Follow the money, your answers lie there, Grasshopper.

[PIONEERSFAN101]

Now i am chatting with other people and hearing quite the opposite of what I was first told. It's all craziness. With the GRWW deal falling through, the floodgate is open for AIFL defects....

[Bandito]

Some of the teams that were formed this year should not have existed in the first place. The AIFL business model of building a team, finding it a home, and then finding an owner obviously doesn't work, or doesn't work as currently implemented. Not enough research is done into the background and financial stability of the owners therefore the teams fold. This hurts the legitimacy of the league. Also, how much research goes into the demographics of the town the AIFL attempts to put a team in? I doubt little if any.

Many mistakes were made by the AIFL (read Haines) this year. Will they learn from them or will they continue on this path of distruction.?

[BarbaraPatterson]

Now i am chatting with other people and hearing quite the opposite of what I was first told. It's all craziness. With the GRWW deal falling through, the floodgate is open for AIFL defects....

From what I hear, the deal isnt exactly "dead" GRWW set a deadline to purchase by June 30th. Being a public company, they need to stick to their dates because of the SEC regulations and investors. The AIFL can startup the negotiations any moment by making a phone call.

Volume: 468,932
Avg Vol (3m): 304,592
by 11:00, trading on this news is heavy today

[preeths]

Bandito hit the nail right on the head in his first two sentences. Unless a league is backed by a lot of money, setting up shop in a market before finding ownership leads to disaster far more often than success. It's a prime example of putting the cart before the horse. The drain on league finances makes league officials desperate to find an owner, they go with the first one who can pony up a down payment, and more often than not, with little resources or support, the new owner fails miserably. The horse needs to lead the cart. Put teams in markets only where you can find solid ownership.

[nksports]

Volume: 468,932
Avg Vol (3m): 304,592
by 11:00, trading on this news is heavy today

That means roughly $318,873.76 has changed hands. I hope my company's 401k plan isn't too heavily invested in this one.

[Bandito]

You know, I couldn't get my hands on any stock ownership numbers but I bet some leveraging is taking place here.

[nksports]

The problem here is it looks like a weak company trying to take over another weak company.
A stock that is selling for now .67 (at Friday's closing) shows that the company aint too healthy itself.
It's net income was a $5.9 million loss for the quarter ending 31 March 06. It did make $153,000 the previous quarter, but lost $1.851 million the quarter before that. (Go to yahoo.com, click on financial and enter GRWW.OB and it spits out all the news on GRWW that's print to fit.)

[BarbaraPatterson]

The problem here is it looks like a weak company trying to take over another weak company.
A stock that is selling for now .67 (at Friday's closing) shows that the company aint too healthy itself.
It's net income was a $5.9 million loss for the quarter ending 31 March 06. It did make $153,000 the previous quarter, but lost $1.851 million the quarter before that. (Go to yahoo.com, click on financial and enter GRWW.OB and it spits out all the news on GRWW that's print to fit.)
The other problem it is is that .OB basicly means the company is bankrupt. A positive note though, from what I see, most of the losses is due to buying out other companies, and represents just 12% of the companies bank account.

Usually what happens is that a Investment banker funds an .OB company to buy out other companies, giving the .OB company assets. Eventually it comes out of bankrupcy after buying out multiple companies where it losses the .OB status and the stock then goes to something normal, like $4, making the owners rich as the primary stock holder.

[Bandito]

Mo Money....Mo Money....Mo Money....Mo Money....:p