OSC

OSC message Boards

As the home for independent and minor league sports, OurSports Central's message boards are the perfect place to discuss your favorite teams and leagues with other fans, players and team and league administrators. Our boards cover all the leagues represented on OSC including independent and minor league baseball, indoor and Arena football, outdoor and indoor lacrosse, mens and womens basketball, junior and minor league hockey, outdoor and indoor soccer and more. Before posting for the first time, please consult our FAQ. Contact us with any questions.

OurSports Central independent and minor league sports


Reply
 
Thread Tools Display Modes
  #1   IP: 132.49.221.25
Old 02-19-2008, 11:53 AM
Pounder's Avatar
Pounder Pounder is offline
Senior Member
 
Join Date: Mar 2004
Location: Portland freaking Oregon!
Posts: 2,726
Default Rhinos On Brink Of Bankruptcy

http://www.democratandchronicle.com/...36/1007/SPORTS

Thing is, there's someone waiting to buy a new franchise for Rochester. The bank is being foolish and/or desperate to overlook this fact.

However, it's a definite black mark for the league, as well as the former flagship club in USL.
__________________
Mean Spirited Blogger #107
Reply With Quote
  #2   IP: 70.17.192.37
Old 02-19-2008, 04:38 PM
bomp bomp is offline
Senior Member
 
Join Date: Oct 2006
Location: Baltimore, Maryland USA
Posts: 399
Default

Quote:
Originally Posted by Pounder View Post
http://www.democratandchronicle.com/...36/1007/SPORTS

Thing is, there's someone waiting to buy a new franchise for Rochester. The bank is being foolish and/or desperate to overlook this fact.

However, it's a definite black mark for the league, as well as the former flagship club in USL.
The investor won't meet the bank's price. It was a take it or leave it offer and the bank said no. The new franchise will be there in 2009.
__________________
Unique ideas lead to prison. Don't name your son after a baseball glove. "Listen dude, do you really want the SEX??"
Reply With Quote
  #3   IP: 76.226.178.223
Old 02-21-2008, 07:27 AM
ca ca is offline
Senior Member
 
Join Date: Dec 2003
Posts: 275
Default pks

why do baseball and soccer clubs overextend themselves in building facilities that in many cases they dont need ?
Reply With Quote
  #4   IP: 132.49.221.25
Old 02-21-2008, 11:10 AM
Pounder's Avatar
Pounder Pounder is offline
Senior Member
 
Join Date: Mar 2004
Location: Portland freaking Oregon!
Posts: 2,726
Default

Ever pay rent and not get 100% concessions? Heck, often time get 0% of concessions?

Thing is, I doubt that the owners put much money into PaeTec. They got the money the state sent them, held back much of what they promised to contribute, and got phase 1 built.

Problem is that people in Rochester apparently fear the location, Rochester stopped buying all the league's best players... and Montreal passed them up on the fan count anyway. If there was a "scam" involved, that's what backfired.
__________________
Mean Spirited Blogger #107
Reply With Quote
  #5   IP: 70.17.192.37
Old 02-21-2008, 07:10 PM
bomp bomp is offline
Senior Member
 
Join Date: Oct 2006
Location: Baltimore, Maryland USA
Posts: 399
Default

Pounder:

Right you are.

BTW, who is that darling? Your daughter? Very sweet and a great photo.
__________________
Unique ideas lead to prison. Don't name your son after a baseball glove. "Listen dude, do you really want the SEX??"
Reply With Quote
  #6   IP: 159.87.139.137
Old 02-29-2008, 11:47 AM
Fez's Avatar
Fez Fez is offline
Senior Member
 
Join Date: Dec 2003
Location: Phoenix
Posts: 160
Send a message via AIM to Fez
Default

Wow. What a disaster. From toast of the league (and demands of MLS Status) to bankruptcy. Ugh.
__________________
Subscribe to Dayton Pro Sports Daily News: http://paper.li/f-1313642591
Reply With Quote
  #7   IP: 132.49.221.25
Old 02-29-2008, 01:30 PM
Pounder's Avatar
Pounder Pounder is offline
Senior Member
 
Join Date: Mar 2004
Location: Portland freaking Oregon!
Posts: 2,726
Default

(Bump... trying to find the full picture from which my avatar is derived. BTW, I think that shot is 7 years old or somesuch.)

Oh, never mind the bump... Dan Williams says that his interest ends either at the end of this week or next. A local bid comes next (which I doubt involves anything ameliorating the bank), then possibly they end up folding.
__________________
Mean Spirited Blogger #107
Reply With Quote
  #8   IP: 141.157.83.192
Old 03-01-2008, 08:01 PM
bomp bomp is offline
Senior Member
 
Join Date: Oct 2006
Location: Baltimore, Maryland USA
Posts: 399
Default

My source close to the situation who has been negative for a while and has never trusted Fat Steve says he thinks that a new investor is interested and been talking to all the parties.

Maybe the Rhinos will be back after all? I hope so.
__________________
Unique ideas lead to prison. Don't name your son after a baseball glove. "Listen dude, do you really want the SEX??"
Reply With Quote
  #9   IP: 132.49.221.25
Old 03-04-2008, 04:01 PM
Pounder's Avatar
Pounder Pounder is offline
Senior Member
 
Join Date: Mar 2004
Location: Portland freaking Oregon!
Posts: 2,726
Default

The city has announced their intention to "seize" PaeTec Park.

http://www.13wham.com/news/local/sto...c-453e7cdc9f23

The current ownership is being squeezed out. However, it sounds like the city is attempting to get some mechanism together to keep the Raging Rhinos in operation. The bank may have something to say about Rhino assets, however. Stay tuned.
__________________
Mean Spirited Blogger #107
Reply With Quote
  #10   IP: 132.49.221.26
Old 03-07-2008, 12:47 PM
Pounder's Avatar
Pounder Pounder is offline
Senior Member
 
Join Date: Mar 2004
Location: Portland freaking Oregon!
Posts: 2,726
Default

Seems the bank has a fellow banker who may be stepping up.

http://www.democratandchronicle.com/...59/1007/SPORTS
__________________
Mean Spirited Blogger #107
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


                       
                                                   
                                                                                             
                           

Hapening ImgHappening Now