Scores

21 January, 2011

Bankrupt

Ouch. With what started out as a good idea, then failed, has now drug down Friedel into bankruptcy proceedings.

Looks like Friedel has declared bankruptcy in UK courts regarding his loss on investments and has even had a lien put against his house here in the states.

While we loved the idea of developing nurturing new talent in the US, bad timing and poor management by his partners ultimately left him holding the short end of the stick.

We hope that players/teams looking to do something similar in the future are not turned off by how this resulted but instead are encouraged by what it did accomplish in a short period of time like having two players on Youth US Men's teams (and did so outside the USSF run Brandleton Academy).

Photo: goalstopper

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