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Wednesday, February 13, 2002

First the good news...

On the day that the USL announced a 5-year partnership with Fox Sports which will result in 25 A-League games being shown this season, some not so promising news on Timbers owners, the Goldklang Group.

In Tuesday’s Portland Tribune there is a report that the Pacific Coast League (in which the Beavers play) is reluctant to approve the Goldklang group as the Beavers new operators, the problems resulting from Mike Veeck’s (Goldklang's president) past battles with baseball’s ruling class over his other minor league teams. Veeck may be forced to step back from a leading role and let PFE’s president Mark Schuster become the Beavers official leader. Neither the PCL president, nor Mark Schuster would speculate whether the situation could affect the Beaver’s 2002 season.
Scott Thomason, lead PFE investor, said that the group has alternative plans if the Goldklang Group is rejected as PFE’s operators. He did say however that:

I think we’re well on the way to getting (league) approval.


All this in addition to this week’s decision by the city as to whether to approve Goldklang as the operators of the Beavers and the Timbers after reviewing the “turnaround plan” submitted by Goldklang.

UPDATE: I'm told that the dispute with the PCL is not affecting the running of either the Beavers or the Timbers and the only likely change would be Mike Veeck's role.
UPDATE on the UPDATE: Mark Schuster was named president of PFE and general manager of the Beavers today (Thurs Feb 14th).

"While I'll still be Mike Veeck's partner," Schuster said, "it's evident that there were unnecessary delays in the approval process and that it was best if I take over as the company's president on a permanent basis. With all the big-time events we are attracting to PGE Park and the great enthusiasm for baseball and soccer in Portland, PFE is getting stronger every day, and I'm very committed to being a part of that continued success."


posted by the timberlog at 2:18 PM



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