TICC also discovered who was previously a party interested in obtaining the Cosmos.
After a staff call on Friday, the only certainties that appeared to come out of it was that no decision had been made and that most of the club’s staff would remain on furlough, as TICC verified through its own sources.
It had previously been indicated to TICC that the only part of the organization unimpeded by pay delays or staff reductions was the Training and Development Program, offering some hope that the Academy might continue on throughout the process. However, another source told TICC that the academy’s staff and players would only be working through next week.
The weekend was mostly quiet until Sunday night, when Duane Rollins dropped a potential bombshell that afternoon.
Three independent sources have confirmed to me that Cosmos players and staff have been told that the club is ceasing operations.
— Duane Rollins (@24thminute) December 4, 2016
However, TICC was able to verify that no staff had been notified of any decision. Other club sources insisted that the team had yet to make a decision about its status and that the Cosmos had not closed up shop.
Big Apple Soccer also indicated that players had been paid and released.
Continuing conversations with a club source indicated that no players had been released, but players might be getting “shopped around”. Other reports seem to indicate that the latter is, indeed, underway.
The Big Apple report continued with indications that the Cosmos could be close to selling to a group based in New York City. The NASL and the team itself were reportedly working on getting the sale finalized before a USSF board meeting on Monday.
Following conversations with multiple sources in and out of the club, TICC also learned that the Cosmos had caught the interest of at least one party from overseas, Everton FC of the Premier League.
This would suggest that there are groups interested in investing or taking ownership of the second-division champion.
With the Cosmos reportedly several million dollars and possibly up to $30 million dollars in debt, one could expect negotiations for any deal, whether ownership or investment, could take some time.
This week could be a big one for the team as the picture becomes clearer on what 2017 – and beyond – looks like for the green and white.