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Reply to "FCV parents - has anyone heard anything?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]FCV is owned by the St James, so it won’t fold. It’s a brand. They’ll be able to market it and its past success regardless of what league or platform it has access to. Families may also be foolish enough to fall for it. Their previous success was heavily influenced by exclusivity: first in ECNL, then in DA. That exclusivity has eroded over the last few years. Not only does it no longer exists for them, they’re on the outside looking in. It’ll be up to families to decide whether their program can still deliver the results (college recruiting, NTC invites, etc). I suspect there will be diminishing returns in that department, but it’ll be gradual, not immediate.[/quote] St. James is VC backed and must be bleeding cash badly by being shut down right now. They may go under soon. And if they do, so does FCV.[/quote] I have no skin in the FCV game. St. James may well go bankrupt. If they do, the facility is not going to disappear. The current owners will be wiped out. New owners will acquire the asset out of bankruptcy.[/quote]
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