In a move that very well could be 'strike three' for the Calgary Vipers, John Conrad stepped down as President of the club Wednesday.

“I have tried to make the best of a deteriorating financial situation,” said Conrad, addressing media with a prepared statement. “I have been responsible for funding and operating the team on a day-to-day basis without any financial support from the Gidney family.”

Team owner Jeff Gidney has been incapacitated with a life threatening illness, and is living in a nursing home in Victoria, B.C. Gidney's daughter Christina has been named power of attorney as Gidney fights his health situation.

According to Conrad, a deal was in place for the team president to buy into the ownership group, but the deal was never completed.

A decision on what to do with the team over the off season is now in the hands of the Gidney family, and a realistic possibility could see the team leave Foothills Stadium for good.