Ragain Sports LLC, which formed only last month, was set to make a "Colorado Springs professional soccer announcement" on Thursday in the posh environs of Penrose House, owned by El Pomar Foundation, a big supporter of the City for Champions tourism proposal.
Although the notice of the news conference didn't say so, Ragain Sports appears to figure into the C4C plan, given that its president, Nick Ragain, sent a letter dated Nov. 5 — seven days before Ragain Sports filed its articles of incorporation with the Secretary of State's Office — in support of the city's revised Regional Tourism Act application.
"Our desire is to be the primary lease holder for a new stadium downtown," the letter said.
Nick Ragain, who's listed as the manager of Ragain Sports, told the Indy that he can't discuss Thursday's announcement ahead of time, but told the Gazette that a United Soccer Leagues PRO team will come here and begin playing in March 2015.
Said Convention and Visitors Bureau CEO Doug Price via email, "I understand it is a start up and all the info will be spelled out Thursday."
Nick Ragain's father, Martin "Ed" Ragain, is a principal and founder of M-E Engineers, Inc., which is based in Denver and has offices in seven other American cities and four foreign countries. The firm was involved in building venues for the 2012 London Olympics and has done work at Madison Square Garden and other sports facilities, including Coors Field, according to M-E's website. The site also says Ragain has written standards for lighting for the NFL, NBA, NHL and MLB.
Nick Ragain confirms that he and his father are involved in several other companies, which he describes as "on paper, so to speak," but also as going concerns. The Secretary of State's Office considers at least three of them delinquent for failing to file reports, including Fashionably Efficient (fashionablyefficient.com), whose "New Business Casual" product consists of the top portion of a suit coat, shirt and tie — intended for video-conferences and other instances where only your head and shoulders are visible. "Look professional in seconds," it says.
City leaders are likely to wear more traditional garb while presenting Wednesday to the state Economic Development Commission, which will decide upon the Springs' bid for $120.5 million in state sales tax rebates to help fund the downtown sports and events center, a downtown Olympic museum, a sports medicine center at the University of Colorado at Colorado Springs and a new Air Force Academy visitors center. The state's consultant has said the proposal warrants $53.1 million, up from $31.4 million based on the city's initial application.
Those slated to attend Thursday's announcement include Mayor Steve Bach, USL President Tim Holt, Sports Corp. CEO Tom Osborn, Price and "other notable Colorado Springs soccer and business leaders."