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Monday
June 2, 2008
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Leagues & Governing Bodies

MISL Team Owners Disband League To Recreate Business Plan

 
MISL team owners have "disbanded the league, and will spend the next two weeks trying to create a successful business plan for a league that has been in flux for several seasons," according to Sean Welsh of the BALTIMORE EXAMINER. MISL Baltimore Blast Owner Ed Hale: "We are going to play next year. But we're going to reform the league without a bunch of stockholders from cities that were gone five years ago." A source said that team owners Saturday "decided to shed the excess shareholders -- former team owners of defunct franchises -- with the goal to streamline a business plan." The source said that the MISL, by "ridding itself of its stockholders in prior league hubs," would be "free to expand to former markets such as San Diego, St. Louis and Cleveland with new ownership." The league also will "look to cut down on unnecessary expenses, particularly by having referees based in league cities." Welsh notes MISL players "did not know the league had disbanded," and it is "uncertain how many teams will remain next season." MISL Commissioner Steve Ryan last week resigned after eight years, and the source said that the five members of the league's front office are "no longer employed by the MISL" (BALTIMORE EXAMINER, 6/2).

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