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San Antonio Express from San Antonio, Texas • Page 92

San Antonio Express from San Antonio, Texas • Page 92

San Antonio, Texas
Issue Date:
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Page 6-S HSan Antonio June 1, 1975 WFL claim misleading NEW YORK (AP) The bankruptcy petition filed by the 1974 version of the World Football League appears to reject payment of any futures contract to any player. And it differs in several areas from the description put on it by current league officials. Officials of the current league have trumpeted their desire to make good on all debts incurred by last WFL and have said they would do so over the next 12 years by donating lLfe per cent of each net revenue to a special disbursement fund. However, the petition filed in a federal court in California under Chapter 11 of the bankruptcy laws says this about payment: The league to pay a sum equal to one-half per cent of the net revenues received by its members presently located in Southern California. Memphis, Hawaii and Philadelphia, and one and one-half per cent of the net revenues received by all members." Among the four franchises getting the one per cent break are those which last year were associated with current league president Chris Hemmeter, John Bassett, John Bosaeco and Sam battistone, four of the men most responsible for the rebirth.

This is not the way Hemmeter has said the repayment plan ill work. On Thursday he said that if the teams took in $64 million a year, the repayment fund would get which is IV 2 per cent. That is not the case, according to the bankruptcy petition, a copy of which was obtained by The Associated Press. Officials of the new WFL have said the per cent would come from gross revenues. $3,000 per Month! Our firm needs two top calibre personnel who are willing to train hard and who can deal with knowledgeable and affluent investors in the San Antonio area.

We provide all training. Our force of six men will initially share in $18,000 monthly commissions. This amount will increase if potential warrants. This position offers tremendous growth and earning potential. Candidate should have a successful performance background and be of high integrity.

If you believe you can qualify, please send your name and phone number in confidence to P.O. Box 29123, San Antonio, Texas 78229. We will call you. The bankruptcy petition defines revenues as money derived from ticket sales and broadcast rights, after taxes and commissions are deducted. That appears to mean that money generated by the sale of programs, pennants and other WFL-related products are not considered gross revenues.

Legally, what happened is that the 1974 version of the World Football League was renamed the Football Creditors Payment Plan, Inc. From this group, the new league purchased, for $10,000, the initials, service mark and of the WFL and incorporated as The New League, doing business as the WFL. Under this arrangement, the 1975 WFL is not legally responsible for debts. But the new league says it wants to make good on those debts through the plan proposed under the bankruptcy laws. To do this, the league proposes an initial payment of $200,000 to the repayment fund, with the remainder of the estimated $6 million to $8 million in debts to come from each gross revenues.

The repayment plan says priority will be given to Group moves buy Aeros HOUSTON (AP) A group of investors headed by George Bolin has signed a contract to buy the World Hockey Association Houston Aeros from Irvin Kaplan, it was announced Saturday. money has been posted to support the contract and a purchase investigation is underway pending a closing on or before June 13, Bolin and Kaplan said in a joint statement. Sale of the Aeros, who have won two consecutive WHA World cup titles, has been rumored much of the season, Bolin and other Aeros stockholders have been vocal in their complaints of how Kaplan, who also owns the National Basketball Association Houston Rockets, has operated the team. 0 The unhappy stockholders were displeased with the way the Aeros had been promoted. group also had voiced complaints against Aeros President and General Manager Jim Smith.

Shortly before announcement, Smith resigned. experience as president and general manager has been satisfying in the Smith said. Some people think the excitement has goneoutof pro football. The San Antonio Wings are here to When yon come to watch the Wings play, you're going to see bone crushing, tooth grinding, sweaty, hard hitting football that will keep you on the edge of your seat. something you may think you haven't been seeing too much of lately.

Football has been falling into some pretty set patterns. The Wings, and the whole WFL are going to shake things up. The Wings are going to shake a lot of things up. Get your season ticket. And come out to watch some shake up football.

Come and watch the Wings fly! the home game schedule: SEATING CHART TOR SAN ANTONIO WINGS AT ALAMO STADIUM Memphis Southmen (exhibition) Charlotte Hornets Shreveport Steamer Southern California Sun Portland Thunder The Hawaiians Memphis Southmen Jacksonville Express Chicago Wind July 19 July 26 Aug. 2 Aug. 9 Aug. 30 Sept. 21 Sept.

28 Oct. 26 Nov. 2 Or dor your tickets now Name address city seat location Dhigh medium Box Seats at $125 00 ea Area A at $90 00 Area at $75 00 ea at $50 00 ea Postage Handling Total Deposit (l j) I Balance due July 1.1975 Master Charge BankAmertcard 3 date phone low held zip $1 00 Birmingham Vulcans Nov. 22 I I I I I I I I I I I I I I I I I I make checks payable to San Antonio Wings. IN') Box 32792.

San Antonio, Tex 78216 Seat assignments will be made on day of order Call Ticket Manager for Information (512)349 3533 back wage claims and to government tax claims. All other including season tickets for which refunds are due, laundry bills, be paid only after the other bills are satisified. The petition filed in California says tory contracts of any description, including all contracts, are hereby An attorney questioned by The AP said an executory contract is one signed for delivery of services and salary at some future date. That appears to mean the league is saying it will not be bound, under this bankruptcy petition, to honor any contract signed for future services, if those services are not now being rendered. Evasive Attempts over the past three days to resolve these and other questions were unsuccessful.

Hemmeter said he could not discuss the corporation which was the WFL in 1974 because he had no association with it and was not familiar with its dealings. He referred a reporter to the law firm handling the bankruptcy petition. Several calls to the California firm were not returned. The petition says the repayment plan will be effective only if a U.S. District Court in California approves a plan acceptable to the new league, and only if that acceptance is granted by Oct.

30. It also says it will be bound only to honor those claims which have been formally submitted to the creditor by the time the court approves a plan. It adds that the 1975 version of the WFL is not legally liable for these debts, and that it will provide the revenue to repay them only so long as it remains a professional football league. BOXING CALI, Columbia: Carlos Duran of Argentina defeated Emile Griffith of the Virgin Islands, 10. CALI, Columbia: Rodrigo Valdez over Ramon Mendez, Argentina, WBC middleweight chamoionship, TKO, eighth.

ASSISTANT coach Dick Pesonen supervises calisthenics during tryout camp Moss likes first camp, two signed By BARRY ROBINSON OF THE EXPRESS NEWS STAFF The invitational tryout camp held by the S.A. Wings Saturday at Antonian was labeled a big success by Head Coach Perry Moss. been coaching been involved in about 50 of these camps and this just might be the best one said Moss. Moss added that after discussing the tryouts with his assistants probably from 12 to 15 of the Over 9U gridders from all across the nation reported to the camp. From Dallas, Austin, Houston and Waco to Biloxi, St.

Louis Portales, N.M., Crete, Nebraska and Cincinnati, Ohio they came for a chance to make the ing roster. Two of the players, both kickers, were signed immediately to tentative STAY ON TOP Or THE WORLD OF SPORTS- THFonum it-. ASSOCIATE!) PRESS SPORTS ALMANAC TflM mo mow iwrni mil wo si Ml pail Mtof Kn THE FACTS, FIGURES, INFORMATION AND STORIES ON SOME 100 SPORTS COMPILED IN THE BRAND NEW OFFICIAL ASSOCIATED PRESS ALMANAC 1975 928 pages Latest records 100 sports, worldwide Scores of top photos, diagrams Profile stories of superstars of all-time. AVAILABLE THROUGH THIS NEWSPAPER FOR THE SPECIAL PRICE OF ONLY 1.85 PLUS 25 CENTS FOR POSTAGE HANDLING HERE'S HOW TO ORDER To obtain your copy (and additional copies) simply fill out the coupon and mail it with the proper remittance to the address indicated. Allow at least three to four weeks for delivery of the book by mail.

I AP SPORTS ALMANAC 1 San Antonio Express Box 306 Teaneck, 07666 I Enclosed is for copies of The Official AP 1975 Sports Almanac at $1 85 (plus 25 cents for postage handling) each. NAME ADDRESS. CITY CODE. Make check payable to The Associated Press Signing Former All-Southwest Conference defensive back Hugo Hollas signed with the San Antonio Wings Saturday. Hollas was All-SWC for Rice in 1967 and since then spent four seasons with the New Orleans Saints and one year with the San Francisco 49ers.

The 6-1, 190-pounder, who is said to have 4.6 speed in the 40, is the 40th player to sign with the Wings. agreements. They were Carlos Serna, the best collegiate kicker in Mexico last season, and controversial Bronko Beli- cheskey, a powerful booter from UTEP by way of Yugoslavia. think a kicker in the world better than insisted Belicheskey. Both kickers have been invited to the opening camp June 14.

The training site, by the way, may be situated at Schreiner Institute in Kerrville due to lack of adequate facilities in S.A. Several players well known to local fans show up for the session. Those not attending included Texas quarterback Mike Presley and running back Don Burrisk; Houston runner Reggie Cherry; Baylor linebacker Don Bockhorn; and SMU runner Brian Duncan. However, several former SWC stars were on hand. Among the better known SWC gridders there were Sherman Lee, Wade Johnston and Pat Padgett of UT; John Garner from Texas Tech; Joe Johnson of Baylor; Jon Rhiddlehoover of Arkansas and Tommy Van Wart of TCU, Former Trinity QB Mike Curry and North Texas State star Ted Gosline were also on hand.

Moss and his staff are expected to take between 60 and 75 gridders to Kerrville for opening camp, with about 25 veterans joining the workouts on June 21. ings pick cheerleaders The San Antonio Wings chose six cheerleaders and three alternates for the upcoming WFL season Saturday. The six cheerleaders picked were Arjel Boone, Willie Ramos, Richard Trevino, Judy Barber. Mary Jane Fuentes, and Julie Taylor. The alternates are Pat Boone, Lee Ann Bales and Margo Taylor.

Schmidt sets mark LOS ANGELES (AP) Olympian Kathy Schmidt set an American record for women Saturday when she threw the javelin 209 feet, 3 inches. Miss throw broke her own mark of 208-1 set in May 1973. Miss Schmidt, of UCLA, set the record at the Long Beach Comet Invitational Meet on her home campus. She had four throws Saturday of more than 200 feet and a fifth of 199 feet..

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