
FireHawks Owner Confirms Team For Sale
June 14, 2010 - Continental Indoor Football League (CIFL)
Fort Wayne FireHawks News Release
Fort Wayne, IN J. Michael Loomis, President and CEO of Championship Sports Enterprises, LLC, confirmed today that the Fort Wayne FireHawks professional indoor football team is for sale. The team, with 6 wins and 4 losses, currently plays in the Continental Indoor Football League (CIFL), and is the number 3 seed in the 2010 CIFL playoffs. The FireHawks face the Wisconsin Wolfpack on June 19 in Madison for the right to play in the Championship Game on June 26 against either the Cincinnati Commandos or the Miami Valley Silverbacks.
Loomis, a Fort Wayne attorney, indicated that he desires to return to his law practice on a full-time basis. "I've really enjoyed being a part of arena football", he said, "but I want to get back to what I know best, and that's practicing law. We're proud of what we accomplished in such a short time, but now it is time to let someone else take this Team to the next level."
The FireHawks Team is in its first year in arena football. Its Home games are played at the spacious Allen County War Memorial Coliseum, considered by many to be a venue jewel of the entire Midwest U.S.A. Region. With a capacity crowd of 10,700 fans, a state-of-the-art video scoreboard, club suite availability, and superlative concessions, the Coliseum makes an attractive venue for the Team. The Team carries a loyal and supportive base of at least 2100 fans. The history of the Fort Wayne franchises reflects attendance in excess of 6,000 fans in earlier years, prior to an aborted attempt to move the Team into a more expensive league that required expensive travel and operations costs. The Team thereafter returned to the CIFL. The sales price will include all branding rights and equipment. Available income streams include ticket sales, sponsorship advertising revenue, and merchandising through the Team's Pro Shop, game kiosk, and internet.
"This is the perfect time to sell the Team, because whoever purchases it can immediately begin planning for next season, starting the very first day after the playoffs", Loomis added. "There are many aspects of the business operations where revenue can be increased. I would be willing to assist with the transition. This could be the opportunity of a lifetime for someone," he said.
Interested parties may call (260) 414-9380 for additional information.
Continental Indoor Football League Stories from June 14, 2010
- Cincinnati Hosts Miami Valley in CIFL Playoffs - Cincinnati Commandos
- FireHawks Owner Confirms Team For Sale - Fort Wayne FireHawks
The opinions expressed in this release are those of the organization issuing it, and do not necessarily reflect the thoughts or opinions of OurSports Central or its staff.
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- FireHawks To Sit Out 2011 Season
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