| Sam Sloan 2005-01-19, 9:46 am |
| On 19 Jan 2005 07:21:32 GMT, recmate@aol.com (Recmate) wrote:
quote:
>The ChessCafe deal is looking great for USCF. The Federation is going to
>collect $350,000 for the first year of outsourcing even though the competition
>was surprisingly aggressive and sales were poor. USCF wouldn't have done that
>well on its own, and will also fare much better than with the bid the Board
>almost accepted in January, which had no minimum guaranteed payment.
>
>Hanon Russell is a highly respected and responsible businessman, and the
>repeated suggestions that he won't pay what he owes are outrageous. What
>evidence is there of this? He will pay the full $350,000.
>
>Bill Goichberg
Yes. Hanon will pay the $350,000, but will he renew the contract?
I believe that he will not renew.
Then, what will the USCF do? Will it go back into the books and
equipment business?
Sam Sloan
|