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Athletica debt to be passed on to AC St. Louis?

AC St. Louis has been able to enjoy some moderate success as of late. With big 3-0 wins against MLS bound Portland Timbers and Montreal Impact, a trip to the USSF Division II playoffs are not entirely out of the question.

But the NASL Fanatic has learned that the financial situation, while it looks better on the surface than it did a couple of months ago, doesn’t look as good as it is made out to be.

According to the sources close to AC St. Louis, the Athletic Club of St. Louis didn’t create either AC St. Louis or the St. Louis Athletica as separate entities. Instead the Athletic Club of St. Louis put both teams under one umbrella, which means that, possibly, AC St. Louis will incur the debt of the club’s failing WPS franchise, the St. Louis Athletica.

In addition, NASL Fanatic has also learned more about the possible budgets of both teams. According to the same sources, the monthly salaries of Claude Anelka, Francicso Filho, Steve Ralston and one current player on AC St. Louis, equaled the entire monthly budget for the St. Louis Athletica. Still, it has been suspected that both Anelka and Filho were brought in by the Vaid Brothers, who were majority investors that neither the WPS or NASL were aware of until the financial crisis already started in St. Louis.

Many in the US soccer community have asked “why” The Athletica were allowed to fold, while AC St. Louis, who have a much higher operating budget, were allowed to survive.

To date, Athletic Club of St. Louis hasn’t had the best of times financially. In addition to losing the WPS franchise, and the loss of key personnel at AC St. Louis, they have yet to be able to secure any large sponsorship, including a shirt sponsorship. On the surface, the Athletic Club’s only source of income appears to be ticket sales, concessions at AB Soccer Park, parking, and other income generated by special events at AB Soccer Park.

AC St. Louis will host the Vancouver Whitecaps this Friday at AB Soccer Park.

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3 Responses

  1. Good report Dave!

  2. “Many in the US soccer community have asked “why” The Athletica were allowed to fold, while AC St. Louis, who have a much higher operating budget, were allowed to survive.”

    Because those people are either short-sighted, female, or dumb. It’s not simply about which costs more to do. You had very little chance of finding an investor for Athletica. Those who would invest in a women’s professional soccer team are becoming fewer and fewer.

  3. I remember some months back when battra said that the Jersey sponsor was a done deal. It’s amazing how much BS is reported on here. But I must admit Dave, you speak the truth!

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