Deal to bring back Colts called off

  • Follow Other sports

Augusta will have indoor football in 2010, according to Atlanta businessman Erick Moore. But the Augusta Colts won't be the ones playing.

Moore, who said in a news conference Nov. 16 that he and an ownership group of current and former NFL players had purchased the Colts from owner John Sisson in an attempt to revive the team from its year-long dormancy, backpedaled from those claims Friday and pulled out of the deal completely to start his own team.

Moore and Sisson have acknowledged that a deal was struck in principle for Moore's investment group to buy the Colts, but it was not finalized when the news conference was held. On Friday, the deal fell through completely.

Moore said it made better business sense to drop his proposed deal with the Colts and instead create a new team, which will play in 2010.

"After further due diligence, we figured out it's not going to work. Right before we went to closing, a lot of stuff came out of the woodwork about the Colts," Moore said.

"But we will be playing in 2010, we've got (Colts) coach (Cedric) Roach under contract, and Augusta will have football in March."

Sisson released a statement Friday night announcing the Colts were "suspending operations until further notice" because of an "inability to close a deal with an investment group in time to meet the (Southern Indoor Football League) deadlines for play in 2010."

Sisson said in the statement that the Colts, who last played as a member of the American Indoor Football Association, could attempt to become an SIFL expansion team in 2011.

Moore said his new team will play in the SIFL and already has a deal with the league to do so. He said a name for his new team has not been finalized but said two possibilities are the Augusta Stallions or the Augusta Mavericks.

Reach Billy Byler at (706) 823-3216 or billy.byler@augustachronicle.com.

Comments (5) Add comment
ADVISORY: Users are solely responsible for opinions they post here and for following agreed-upon rules of civility. Posts and comments do not reflect the views of this site. Posts and comments are automatically checked for inappropriate language, but readers might find some comments offensive or inaccurate. If you believe a comment violates our rules, click the "Flag as offensive" link below the comment.
tbird79dc
0
Points
tbird79dc 12/05/09 - 04:41 pm
0
0
It has been said that Mr.

It has been said that Mr. Moore has already made a deal with the SIFL but what about the Arena? You have to have the arena lease signed and confimed before you can actually say you have a team that is going to kick off.

momandim
0
Points
momandim 12/06/09 - 11:41 pm
0
0
hahaha Sisson, how does it

hahaha Sisson, how does it feel to have your chosen coach stab you in the back like you stabbed the other coach before him. As well as the new owners to outsmart you and pull the rug out from under you...God don't like ugly! If they do more digging they will see the coach has 0 experience and lied on his resume from the start. Good luck new owners, but this market is dead and wont support a team. take your money and run!

KelPierson
4
Points
KelPierson 12/07/09 - 12:37 am
0
0
Todd, I am quite sure there

Todd, I am quite sure there is an arena deal in place.

tbird79dc
0
Points
tbird79dc 12/07/09 - 04:00 pm
0
0
Keli, who is todd? As for

Keli, who is todd? As for the SIFL or the arena has it been confirmed or just said? The way the chronicle does things it's just word of mouth, not confirmation. Where is the quote from Monty Jones or Mr. Hagar that the deals have been done?

KelPierson
4
Points
KelPierson 12/07/09 - 05:00 pm
0
0
Sorry Deb, should have

Sorry Deb, should have noticed the dc. Anyway, the SIFL has confirmed it and made the necessary changes on their website. Either way, I am glad indoor football is coming back.

Back to Top

Top headlines

Court rules in probation case

ATLANTA -- The Supreme Court issued a unanimous decision this morning concluding that it is legal for local courts to contract with private companies to supervise offenders on probation for minor ...
Search Augusta jobs