Following ‘Tough Time,’ Eysoldt Announces Proprietors Cup to Move Forward in 2019

by Gianmarc Manzione 0

Months after tax concerns and questions surrounding Proprietors Cup founder Billy Eysoldt's fundraising practices left the tournament's future in doubt, Eysoldt announced on his Facebook page Friday that the event would proceed in 2019.

Earlier today, he posted the link to the Proprietors Cup website, which indicates the tournament will take place in June at its longtime host, Beaver-Vu Bowl in Beavercreek, Ohio.

"All those owed money, thank you for your patience during this tough time for me and my family," Eysoldt wrote. "I made a promise that if you are owed money you will get it back and I appreciate the support from the bowling community.

"While many turned their backs on me," Eysoldt added, "many many more have supported me during this tough time."

Eysoldt revealed last year that he owed more than $61,000 in combined back-taxes, penalties and interest to the Internal Revenue Service, while an October 12 BJI report indicated that he owed thousands of dollars to multiple debt collectors around the same time that he was soliciting monetary donations on Facebook and saying the proceeds would go toward the 2020 Proprietors Cup. He canceled another tournament called the Sport Cup that was scheduled to occur that same month. The full report can be found here:  http://www.bowlersjournal.com/questions-surround-proprietors-cup-founders-fundraising-claims/

In a Facebook post the day following that report, Eysoldt wrote, "I want all to know I will be fine. I am mailing out refunds for donations Monday. I am mailing our [sic] 1st Sport Cup payments in a few weeks. Rest assure [sic] if you are a player who is owed money you will get it. I take full responsibility for what is happening and I can take the punches. The Proprietors Cup is NOT done. But I will not proceed with the promotion of the event until things are cleared up. I ask that everyone please be patient. Changes will be made to ensure the event is safeguarded so this never happens again. I made mistakes, I own that, and again i [sic] will make it right."

As of Nov. 1, the tournament came under new management as Ren-Son Inc., an Ohio sub-chapter S Corporation, took over. The Proprietors Cup website lists Eysoldt as the tournament's Social Media Manager with Douglas Wilson listed as Tournament Director and Wendy Figer as Tournament Manager.

When contacted for comment, Eysoldt directed BJI to the tournament's new management. An email sent to Wilson did not immediately get a response.

In his Faceobok post Friday, Eysoldt further disclosed that, "Sport Cup refunds are still being sent out and all those who purchased early birds for the Proprietors Cup your entries are good."

 

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