MISL Terminates Management Agreement with Monterrey Fury
October 22, 2004 - Major Indoor Soccer League 2 (MISL 2) News Release
Westport, Conn. (Friday, October 22, 2004) â Following an emergency session of the MISL Management Committee on Thursday, October 21, 2004, the Major Indoor Soccer League (MISL) announced today that the Management Committee, by a supermajority vote, has authorized and directed the MISL Commissioner, Steve Ryan, to terminate the Management Agreement between Americas Entertainment Management S.A. de C.V., the operator of the MISL Monterrey Fury team, and the MISL. Americas Entertainment Management S.A. de C.V. has been repeatedly advised that they have not been in compliance with multiple terms of the Management Agreement and that the agreement has been terminated, effective immediately. This termination decision was precipitated by a long series of noncompliance and disregard for the obligations and responsibilities of an MISL member club. Further, this termination decision follows prior notice of termination and failed commitments on behalf of the Monterrey Fury to abate such termination of the management agreement.
The Monterrey Fury's 40-game schedule for the 2004-05 MISL season has been cancelled. The League is reviewing the impact this decision will have on its entire game schedule and is currently exploring all options at its disposal.
The MISL remains committed to the passionate soccer fans of Monterrey and appreciates their enthusiasm, loyalty, and support. The League will continue to work with community leaders and potential investor/operators to return the Major Indoor Soccer League to Monterrey as quickly as possible.
About the MISL
The Major Indoor Soccer League is a single-entity organization featuring a coast-to-coast presence with eight teams located across the United States and a ninth team in Monterrey, Mexico. On February 27, the League announced an expansion team in Stockton, CA, that will begin play in 2005-06. On May 4, the League announced plans for an expansion team in Newark, NJ, that will begin play in 2007-08. The Dallas Sidekicks, currently reorganizing under new leadership, plan to return for the 2005-06 season. The MISL is the single major league of indoor soccer. In 2004-05, each MISL team will play an expanded 40-game (20 home/20 away) regular season schedule. The 2004-05 MISL regular season will run for 28 weeks, beginning on October 9 and concluding on April 24. The 2005 MISL Championship Series is scheduled to begin the weekend of April 29 and the 2005 MISL Champion will be crowned in mid-May. For more information on the MISL, visit the League's website at www.MISL.net.
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