Allan B. Harvie Jr., president and general manager of the Richmond Renegades, announced this morning that the Southern Professional Hockey League club will suspend operations after this season -- unless someone steps forward in the next two months with an infusion of money.
In a press conference at the Coliseum, Harvie cited a lack of commitment from sponsors and investors, as well as negligible season-ticket sales for next season, as the main reasons for the suspension.
Harvie said he had told league officials of his decision and will formally apply for the suspension at the SPHL summer meeting in June.
Harvie also indicated he has spoken recently with a potential buyer, and there could be a development in the next couple of weeks.
For more details on this developing story, see tomorrow's Richmond Times-Dispatch.
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