Wednesday, October 8, 2008
Lulu founder Bob Young joins the RailHawks ownership group
It's been a big week for the USL-1 Carolina RailHawks soccer club. First, the announcement that team founder, GM and president Chris Economides had been bought out. Then Tuesday afternoon's announcement of the departure of coach Scott Schweitzer. Then, after several days of portentous word of major developments to be announced soon, WRAL.com's Tim Candon got the scoop on the team's new stakeholder.
The headline, then the link: Bob Young, founder of the on-demand self-publishing company Lulu, has purchased an interest in the club. Young is no stranger to sports ownership: Since 2003, he has owned the Hamilton Tiger-Cats (what's up with that name-moniker?) of the Canadian Football League. He was also the CEO of Red Hat, the Triangle-based purveyor of Linux-related products.
And here's the rest of Candon's scoop.
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