Is it legal to sell a youth soccer club ?, we were just informed by our son's team manager last weekend that our son's soccer club was folding because the president and the finincal advisor want to go to another club . They are leaving 2 new teams to the club and 3 other teams that have been together already behind . They also want to sell this soccer cllub for $2,000-$8,000.
Answer
What precisely are they selling? They clearly are not selling the players. They can sell the equipment if they own it and have made no promises that it will be available to the soccer teams.
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