The team, which was formed in 2003, has until Sept. 1 to find a buyer or it will be forced to suspend operations, according to Art Clarkson, the Blizzards chief operating officer and part-owner.
Don't really see anyone rescuing it this time around.
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The team has not made a profit since the new ownership group took over, although the losses have decreased each year.
The Blizzard, which plays its games at the Resch Center, averaged 3,811 fans per game this season despite going 4-10. It included one game with a crowd of 5,880, which was the best-attended contest in the league."
http://www.greenbaypressgazette.com/art ... am-up-sale
Hopefully they will do a bit better than 4-10
It appears the Green Bay Blizzard will play in 2014.
After announcing on June 30 that the indoor football franchise would fold if it didnt get new investors, Blizzard management has acknowledged it is close to finalizing a deal with a new investor.
Unless something unexpectedly happens, everything is moving along, Blizzard chief operating officer Art Clarkson said. All of these legal things have to come together, and were working very hard to move it as quickly as we can.
Clarkson didnt name who the investor is and doesnt plan to until all the final paperwork has been filed. He expects to make an announcement shortly after the Indoor Football League owners meeting, which is taking place Sept. 10-11 in Las Vegas.
We have to finish up our buy-and-sell agreement between the old and new ownership, Clarkson said. We have to get a new lease with PMI. We have to get approved by the league, which Im very optimistic will all be done.
Including Clarkson, there were five individuals that had shares in the team last season, including former Green Bay Bay Packers running back Ahman Green, who owned a 23.13 percent share.
Clarkson and Green will both continue to hold ownership shares for the 2014 season.
The three investors that are selling their shares were the remaining members of the Titletown Football Group LLC, which purchased the team in October 2009. The investors include Tom Burgess, Bob Weyers and Matthew Umentum.
It just wasn't going financially where we needed to go fast enough, Umentum said to Press-Gazette Media in July. I think it can make money, though.
The Blizzard has accumulated deficits in each of its four years of play since Titletown Football Group LLC purchased the team and made the decision to play in the IFL after arenafootball ceased operations following the 2009 season.
However, the franchise has cut its deficit in 2013 by 64.2 percent from what it was in 2010.
The Blizzard will remain in the IFL for its 12th season of play. Clarkson said the nine teams that played this year in the league will remain in 2014.
The Blizzard averaged 3,812 fans per game in 2013 when the team went 4-10 and missed the playoffs for the first time since 2004.
Clarkson said negotiations are going on with PMI Entertainment Group to obtain a new lease to use the Resch Center for the Blizzards home games.
This will be the fourth time in the franchises history that it has gone through a majority ownership change.
They are Green Bay people, Clarkson said. Im ecstatic about it because Id rather have hometown investors, who are committed to the community rather than outside investors.
In addition, the Blizzard are under new ownership with principle owners now being Larry and Kathy Treankler, two local business people in the Green Bay community. They are thrilled that Ahman Green and Art Clarkson have agreed to remain co-owners in the team.
We are very happy to welcome Larry and Kathy Treankler to the Blizzard family. I feel with their involvement in the community, not only in business community, but also in community events they will be the long range future of the Blizzard football team, stated Blizzard Co-Owner, Art Clarkson.
I wanted to stay with the team and keep the Blizzard in the community because it is good entertainment and it gives the guys that play for the team a chance to stay in shape, try and win a championship and get ready for the next level, said Ahman Green.
Several weeks ago we saw a press release stating that unless new owners were found by September 1st the team would cease operations. We felt compelled to help the Blizzard continue to serve the community with great family entertainment and to provide opportunities for young men to play professional football, stated Larry Treankler
We look forward to the opportunity to work with the current staff and if I can make it so that my husband can enjoy football as close to 12 months out of the year as possible that is a win for everyone! says Kathy Treankler
The Blizzard would like to thank Tom Burgess, John Meyers, Matt Umentum and Bob Weyers, for their contributions for making the Blizzard successful during the last four years.
The IFL plans to release the Blizzards 2014 schedule in Mid-October. The Blizzards slogan for 2014 will be Passion. Community. Green Bay. to reinforce the teams dedication to the community and to the City of Green Bay.