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Saturday, April 17, 2004

PCL Takes Over

Even as the season starts for the Beavers the PGE Park saga rolls on according to the Oregonian.

2 hours before the Beavers home opener, PCL President Branch Rickey III's fax to Portland Family Entertainment president Mark Schuster spelt the end of PFE involvement in the franchises.

The details of the new agreement between the PCL and the City of Portland were unveiled earlier in the week

Schuster evidently, was not happy...
"I'm not going to speak on behalf of the investors," Schuster said. "But PFE has a tremendous basis for legal action."


It now appears that any interest that PFE's investors had in the Beavers franchise is over...and therefore any chance of selling the franchise and recouping their investment (including the chance to sell up if and when MLB comes to town) (?)

According to the article the Timbers are included as part of that deal.
Of the Timbers, Rickey said he "anticipates smooth cooperation on the soccer front," and that A-League president David Askinas also rescinded the Timbers franchise.

"I would not put Dave Askinas in the same group as Branch Rickey," Schuster said. "Because I like Dave Askinas."


Ya Boo...so there!




posted by the timberlog at 8:16 AM



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