Several indoor football team owners in the Midwest have banded together to create a new arena football league, according to a press release issued today. The Stadius Football Association (“SFA”), headquartered in Indianapolis, IN has named Indianapolis sports attorney, David Seiter, as its inaugural president.
“Arena football fans love this sport’s fast paced scoring and hard hitting tackles. We believe fans will enjoy the highly competitive product that we will be bringing to their respective cities.” Seiter stated. “The key to the SFA’s success will be operating under a unique cost-effective business model and that will provide quality family-friendly football entertainment at affordable costs for fans,” Seiter said.
The league will be owned by the team owners who will be vested in the viability and success of the whole. “The reason that our business model will be successful is that the owners will not only own their teams, but the league itself”, stated Seiter. “The owners will manage the business affairs of the SFA and the owners will work together to secure products and services in volume, thus driving down the operating costs of the league and their teams”, he added. “A league should exist to help owners maintain profits; not the other way around. Consequently, membership fees to join the league have been reduced and are more reasonable, and net operating costs will be cut. This adjustment in priorities is why the SFA will survive compared to business models in competing leagues.”
The SFA has also assured that travel costs won’t be significant to owners because all of its teams will be in fairly close proximity. Seiter has targeted cities in Michigan, Indiana, Illinois, Ohio, Kentucky, and West Virginia. The SFA has already received interest from several teams that are intending to join the new league, including the Fort Wayne FireHawks, Dayton Silverbacks, Cincinnati Commandos, Northern Kentucky River Monsters, and Marion Blue Racers (OH).
Read more: http://www.wane.com/dpp/sports/local...league-june-30