LSFL Contests Rio Grande Valley Ownership
July 11, 2014 - Lone Star Football League (LSFL) News Release
The Lone Star Football League (LSFL) has been in a legal battle with the Rio Grande Valley SOL after RGV filed an injunction and subsequent lawsuit against the league and its Executive Committee. Listed in this injunction was Ricky Bailey, listed as an owner of the RGV SOL. Per league bylaws and operation manual all ownership members must go through a vetted procedure and then become official by a vote of the league owners. This gentleman has not gone through any of this process. The league was only notified on July 9th by RGV SOL owner, Jennifer Andrews, that he had been added as a vested partner in her ownership group. The league has not and does not recognize Ricky Bailey as an owner in the Lone Star Football League due to not going through the proper procedures to be listed as a proud partner of the LSFL.
Its very own team owners own the LSFL. That is why it is very important to have a proper procedure listed in the operations manual and bylaws to protect the best interest of the entity. Ms. Jennifer Andrews did go through this process before being awarded the right to join the 2014 LSFL season as the Rio Grande Sol. This process included a background check and a professional investigation dealing with financial status.
The LSFL strives daily to provide quality entertainment, talent, and good business practices to each market we add to the league. We are looking forward to growth within our league and want to have the policies in place to ensure that will continue.
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Lone Star Football League Stories from July 11, 2014
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