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| Tags: bankrupcy, declares, uscf |
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#1
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Crossville, TN
UPI Report By Todd Lyon UNITED STATES CHESS FEDERATION "CHECKMATED" In a move intended to fend off creditors, Bill Goldburg and Will.Halls, president and executive directors respectively of the USCF, filed motions in Illinois, NY and Tennessee district courts to begin protection from creditors. The oldest chess membership organization found itself unable to meet it immediate obligations. Halls stated that the immediate cash shortage was due in part to a turbulent political situation caused by personality conflicts between board members. Recently the USCF sold their headquarters in New York and moved to idyllic rural Tennessee to expand chess. Moving costs have tended to be excessive said Sandra Bishops, one of the office managers. An unsuccessful merging of the USCF and the North West Chess Group fell through when dubious schemes involving internet porn were discovered on the latters website. The USCF intends to liquidate it's rating service, a fee charged to chess players to determine their playing stregnth, to outside vendors in an attempt to raise cash. The books and equiptment business was outsorced two years ago for the same reasons. The Kracsparov Chess Group is interested in buying the rights to organize scholastic chess tournaments from the USCF. "This may alow us to run a scaled down clubs operation" said Halls. One think for sure, If the right moves arent found soon, it will be check and mate for the USCF. If they can succeed or fade into the history books as former World Champion, Bobby Fischer has done still remains to be seen. |
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#2
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Sorry, but this is not a very funny April Fools joke.
Sam Sloan |
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