NORWAY'S FC LYN FILES FOR BANKRUPTCY
RECAPS
EXTRA TIME
GENERIC USER - Wednesday, June 30, 2010
American goalkeeper Tyrel Lacey will be on the hunt for a new employer as Norwegian 1. Division club FC Lyn announced earlier today that the club has folded and all players have been released.

The Oslo-based club had been experiencing financial issues for the last several years and were given only a short monetary lifeline to begin the 2010 season.

Lyn spent the 2009 season in the Eliteserien however they finished dead last and were relegated to the 1. Division for the 2010 season where they had also been sitting in last place heading into the midsummer break.

The folding of the club, which was founded back in 1896, will force Lacey to search for a new team.

The Oklahoma native had made just one appearance for Lyn this season before a recurring problem to his knee forced him back to the sidelines.
Leo
Monday July 26, 2010 3:37 am
Ed: No ex-player would have earned enough to save the club, remember this is Norway, not one of the big countries. Anyway the club haven't totally folded as this is a multi-sports club. The only part that has folded is the football department that in recent years have been run as a subsidiary plc.. The rest of the club is very well still going strong, with a football team at the sixth or seventh level..
Ed C.
Tuesday July 20, 2010 4:40 am
founded in 1896!!! 114 year history ended just like that. would have been nice if some of those big oil companies up there or even some ex-players who made millions would help the team out in some way. a real pity.
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