GGO names potential buyer for Generals

An article in today's edition of the Greater Greensboro Observer (no online link available yet) names Vic Sapp as a potential buyer for the team.

According to the article, Sapp is a Raleigh businessman with ties to Greensboro and is the Chairman of the North Carolina AAU boys basketball program.

Further, Sapp says in the article that he's been looking at the preliminary numbers and thinks the team could be profitable but says he needs to make sure it can work before he puts a team of investors together. He says he thinks he knows of some ways to cut overhead and "with the right kind of marketing, turn this thing into something that is not losing a ton of cash."

The article also paraphrases Sapp as saying that marketing is paramount to ensuring the future of the team. "And that future involves getting the kids involved. The city needs a good youth program that could evolve into something like what we have with the AAU program. Once you get the children, you get the adults, but no one has found a way to bring the kids into this in a big way."

In the end, the article quotes Sapp as saying, "But again, it's like I said, it ultimately comes down to what the numbers look like."

(This post also published on the Greensboro Sports Board)