Greeley Stampede expects another loss this year |

Greeley Stampede expects another loss this year

GREELEY, Colo. (AP) – The director of the Greeley Stampede says the event is “hanging by a thread” after losing more than $100,000 a year from 2007 through 2009.

Bill Ogg, the Stampede’s executive director, says the 2010 numbers aren’t in yet but will likely will be similar to the previous three years.

Ogg told the Greeley Tribune in Monday’s editions that ticket sales were up this year for some events. A Keith Urban concert drew more than 10,000 and the July 1 rodeo sold more than 4,000 tickets.

The 10-day event ended July 4.

The Stampede lost about $127,000 in 2009, $114,000 in 2008 and $105,000 in 2007. Those loses were covered by reserves.

Ogg says the event has a lot of potential, but it’s unclear how long it can go on.