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Arena Football One completes purchase of AFL assets

Mon 21st, December 2009

Tulsa, OK (Sports Network) - Arena football will apparently return in 2010 with a new organization and leadership group.

The Arena Football One League, set to begin play in the spring of 2010, has completed the purchase of the assets of the original Arena Football League.

Last December, the Arena Football League announced a suspension of play because of the economy and in August of this year the league folded. The Arena Football One League also formed earlier this year and last Friday completed the purchase of the old league's assets.

"We had to run the gauntlet of well financed and powerful opposition to secure the assets for the future of the Arena Football game and our new league," said AF1 board member William Niro in a statement Monday. "In the end, we prevailed because of the unwavering commitment and trust that the members had in each other to make something special happen. We can now focus our full attention on the 2010 season."

Closing the transaction now allows Arena Football One and its member teams to adopt and use the team names, trademarks and logos of the old league. Current team ownership groups in Chicago, Orlando, Arizona and Tampa Bay have expressed their intent to operate their new team under the former AFL team name, as have all the former Arena Football 2 teams that will be playing in AF1.

Other franchises set to play in 2010 include Alabama, Iowa, Oklahoma City, Cleveland, Jacksonville, Tulsa, Bossier-Shreveport, Dallas, Milwaukee, Spokane and Utah.

The original Arena Football League began play in 1987.