WINDSOR, Colo. — USL League One is terminating its franchise agreement with Windsor-based professional soccer franchise Northern Colorado Hailstorm, the league announced Thursday.
The move comes after a developer of Future Legends Sports Complex, where the Hailstorm play, filed for Chapter 11 bankruptcy last month.
"This decision reflects our commitment to uphold the standards of our organization and protect the interests of our clubs’ ownership," the United Soccer League said in a statement.
The team is owned by Jeff Katofsky and son, Casey, along with former Rockies player Ryan Spilborghs, per the Hailstorm's website. Jeff Katofsky was listed in the bankruptcy filing as a managing member of Future Legends 5 LLC and is a co-founder of the complex. The property is split among multiple LLCs bearing the name "Future Legends" in part or all of their titles.
