EDEN, Utah — The Wolf Mountain ski resort, once under a cloud of bankruptcy, has been sold to an investment group, FOX 13 News has confirmed.
Skyline Mountain Base, a group of local and European investors, purchased the resort in a deal confirmed Thursday. The purchase amount was not disclosed.
A representative for the ski resort told FOX 13 News the group had a 10-year plan that included some expansion. In a statement, Skyline Mountain Base said no changes were immediate, except staying open longer (and on Sundays).
“Few changes to the mountain will be noticeable this season; our focus will be creating a plan for a family oriented, world class year around resort. The resort will continue to operate as Wolf Mountain until sometime in the near future,” the group said. “We look forward to the continued support and participation of our local community and guests.”
The resort went into bankruptcy in 2010, and parts of it were put up for auction. The ski resort itself failed to sell at that auction.
Eventually, court filings indicate the resort emerged from bankruptcy. Skyline Mountain Base said it purchased the resort from America First Credit Union.
UPDATE: The Wolf Creek Golf Course and Wolf Creek resort name are separate entities that emerged out of the bankruptcy filings, according to Evan Byers, the director of the golf course. In an email to FOX 13, he said they were not part of the ski resort purchase or its 10-year development plan.
