Owner of local UFL team ousted

NORFOLK, Va. (WAVY) - In a surprise move Friday, officials of the United Football League took away ownership of the Hampton Roads franchise from Jim Speros and the league will run the team until a new group of owners is found.

In an exclusive interview with WAVY-TV Sports Director Bruce Rader, UFL Commissioner Michael Huyghue told Rader, “The league has decided to take control of the Hampton Roads team ourselves. The league is going to own the team initially.”

“League Vice President Ed Reynolds is now the president of the team, Doug Williams will still be general manager, and we will make an announcement September 1st about the venue.”


READ MORE, CLICK TITLE.

READ RELATED ARTICLES:

New UFL team needs an owner

UFL Commissioner's Statement on the Virginia Franchise

Stop me if you've heard this before . . .

League office to take over prospective UFL franchise; Speros out as owner

Power struggle for local UFL franchise