Spokane Shock accused of financial missteps

The Spokane Shock will lose its home arena at 5 p.m. Wednesday unless team owner Sam Adams secures financial backing for a contract he previously signed with the Spokane Public Facilities District.

Source: Spokane Shock may lose home arena as owner’s financial dealings face scrutiny | The Spokesman-Review

The Spokesman-Review says there are questions about refunds for pandemic cancelations, missed payments to staff, and possible use of pandemic related Payroll Protection Program payments.

Spokane Shock has provided an “arena football” entertainment program in the Spokane Arena, for much of the past 15 years.

Update: Spokane Shock missed its financial payment obligations and has been terminated from the Indoor Football League. The team says it will now attempt to join a different league and fix its relationship with the PFD later. However, the news reports that the PFD says it has no intention to continue with the Shock for use of the Arena due to new information about past business dealings, failure to pay taxes and salaries, and bankruptcies.

Related: Providence hospital sued by the Washington Attorney General, accused of billing people who should not have been billed directly. The hospital chain denies it has done anything wrong.