ROCHESTER RHINOS GO BANKRUPT
The once shining star of the A-League in professional soccer, the Rochester Rhinos have declared bankruptcy and are out of business. With over 11-million dollars in debt and creditors lining up to be paid the once proud franchise is no longer.
City officials and local investors are hopeful that the 2008 season can still be saved and soccer will return to the Flower City in May.
The Rhinos moved into their new 30 million dollar stadium just three years ago that was paid for mostly by the State of New York and failed to make bank payments for months.
Hmmm… The Rhinos regarded as marketing geniuses that were so successful they moved out of Frontier Field and built their own stadium, go belly-up in less than three years. And here in Syracuse, the local baseball team regarded by certain members of the media as marketing mis-fits have no creditors at their doors, pay their bank payments on time and will be playing baseball once again in Syracuse on April 3rd.
I wonder why this story hasn’t made it’s way to Syracuse…..makes you wonder why.