GPS ceases operations.
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Anonymous
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https://www.soccerwire.com/news/global-premier-soccer-to-ceases-operations-and-enter-chapter-7-bankruptcy/
Can’t help but feel like we could see a lot of this. Especially if clubs can’t operate in the fall. |
Anonymous
| Give it days before Loudoun makes a announcement |
Anonymous
Of bankruptcy? Doll I thought they made a nice come-up with both the Spring robbery and the PPP funds despite being a non-profit org... |
Anonymous
| Surprised people think Loudoun will go bankrupt. They have the most capital in Northern Virginia. |
Anonymous
When you keep all the money you generally don't go bankrupt, but you are still morally bankrupt as a club. |
Anonymous
| Ooh. I look forward to reading more about this on the talking-soccer Massachusetts forum. There have been lots of scandals with GPS leadership through the years. |
Anonymous
I have a sense enrollments for the fall are taking a hit. |
Anonymous
You’re onto something. If I had to guess based on the recent spamming of their social media pages I would say they lost a considerable amount of players. On the boys side they’re needing: 2012 (U9), 2011 (U10), 2010 (U11), 2008 (U13) 2009 (U12), 2007 (U14) and 2005 (U16) On the girls side less apparent need but still a bit in shambles: 2010 (U11), 2008 (U13), 2007 (U14) 2005 (U16) Expect to see “supplemental tryouts” ads until mid-August |
Anonymous
| If you read the article, this seems to be more about corrupt leadership than pandemic-related. |
Anonymous
| GPS offices were raided by law enforcement. They were telling coaches vi email how to falsify documents to get visas |
Anonymous
| Isn’t VA Revolution GPS? |
Anonymous
Yes, and note that this was a for-profit club as well, unlike Loudoun and virtually all other clubs in our area. |
Anonymous
Which doesn’t change the fact that enrollments are likely down big, which impacts their ability to stay afloat |
Anonymous
For sure, but not having to answer to profit-focused overlords (plus the absense of lawsuits for human rights violations) gives you more time. |
Anonymous
| GPS was in trouble before the pandemic. |