The longest standing and most decorated women’s soccer franchise is apparently refusing to go quietly into the night.
Washington Freedom Still Looking For Investors
While not denying that the organization is in severe financial trouble, they are still seeking investors and holding out hope that the franchise that has been in continuous operation since 2001 when they were a charter member of the WUSA. After that league folded, the Freedom continued to operate as an independent organization and competed in the USL W-League in 2007-08.
A team release at least partially contradicts reports that the team is folding imminently.
“The Washington Freedom continues to have conversations with prospective investors and strategic partners. As previously reported, we are seeking investors and/or partners as part of a plan to align the team’s costs with its revenues so play can continue in 2011 and beyond. We have been engaged in these conversations since early summer. Contrary to reports, Freedom does not plan an announcement about its participation in the 2011 WPS season until it has had an opportunity to consider all proposals. We appreciate the ongoing support of our fans, sponsors and supporters and remain optimistic about the future of Freedom and WPS.”
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