ELYRIA — Following closed-door discussions Friday, Ohio Sports Park developer Larry Vassil and his creditors emerged without resolving problems with financing and unpaid bills at the 67-acre, $3.6 million North Ridgeville sports complex.

Friday’s receivership hearing to determine whether the facility will continue to be operated by Vassil or someone named by Lorain County Common Pleas Judge Edward Zaleski was continued to Friday.

While obviously disappointed, that an agreement wasn’t reached, Vassil said he continues to try and find additional financing to sustain the park.

“I haven’t lost one investor. Nobody has backed away from this. Yes, we’re struggling to fund it, but it hasn’t been for lack of trying,” he said.

Vassil said he has sought loans with area banks and other agencies without success. After initially getting favorable responses about loans, Vassil was later told that lending requirements changed due to the poor economy.

“We can make the payments (on loans) if we can just get financing,” he said.

North Ridgeville Law Director Andrew Crites declined to comment about specifics of the session.

“We’re still trying to come to a resolution that’s good for everyone,” Crites said. “This is about a project that’s good for the city.”

Ohio Sports Park is contending with a $540,000 lawsuit filed by an Eastlake company that supplied lights, poles and other equipment. Vassil is also grappling with suits filed by an electrical supply company, and Don Mould’s Plantation, a North Ridgeville firm that is owed nearly $475,000 for landscaping work.

The complex also faced legal troubles with the nearby Aut-O-Rama Drive-In Theatre over its nighttime lighting for games.

The park is booking tournaments for next summer including a Cleveland Police Athletic League event and has drawn interest from organizers of a football tournament consisting of 5,000 players.

Contact Steve Fogarty at 329-7146 or sfogarty@chroniclet.com.