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Originally Posted by Hockey-and_stuff
Saw a rumour that the Eddies are going to fold? Any solid news on that front?
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Official news? No.
But the league has been running them for a year and their owner is insisting that any new owner cover up large debts that FC Edmonton rang up during both their CPL and NASL days. I've seen rumoured debts of $30 million out there. If that's true, then there's no way anyone in their right minds spends that kind of money on a club in the situation FC Edmonton are in.
Basically, FC Edmonton's owner is holding pro soccer in Edmonton hostage right now and it's going to be a long time before things look optimistic there.
Personally I'd be surprised if FC Edmonton is around on January 1.