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Last updated: Wed. Mar. 05, 2014 - 04:30 pm EDT

Stephen Franke says Komets are not for sale

Says team has not talked to any interested parties

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A rumor got started over the weekend that there was a prospective owner for the Komets in town and he even brought along a potential coach.

Majority owner Stephen Franke found that interesting since he's not ready to sell the team. Also, no one has talked to any member of Komets management.

"Nothing is really going on, though there's always somebody kicking the can,'' Franke said by phone from his office in Chillicothe, Mo., where he is president of MidWest Quality Gloves & Gear. "We still enjoy doing it.''

Stephen Franke is majority owner with team president Michael Franke, Vice President and General Manager David Franke and Executive Vice President Scott Sproat listed as co-owners on the team's website. Richard and William Franke are also minority owners. The Franke brothers bought the team in the summer of 1990 after the original Komets had moved to Albany, N.Y.

Stephen Franke, 65, said he has no plans to retire from the glove company, and that would not affect his ownership of the hockey team.

"I'm not going anywhere in this business,'' he said.

He also enjoys traveling the country to watch his team play. He was in Florida two weeks ago and plans to be in South Carolina for two games at the end of the month.

Eventually, the Komets will likely have to be sold, and Franke said he'd like to transfer the team in the same fashion Kalamazoo Wings owner Ted Parfet sold his team. Before he died in 2006, Parfet sold part of the team to William B. Johnston, who took over complete ownership in 2008.

"He found somebody or they found each other to run it in the same manner that Ted ran it,'' Franke said. "That made it more of a community thing, and along the way they made money with it. Ideally, if it ever came to the point where there was a hand-off like what Ted did in Kalamazoo, that would be perfect.''

He also said he has no plans to take the Komets to the American Hockey League, believing fans would not like the increased costs.

He also declined to say how much he felt the Komets were worth.

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