Event Date: February 3rd, 1996
Event Description: Williams and Speros Planning New League
Source: Birmingham Daily Ledger
BIRMINGHAM, AL— Following the cessation of their Canadian Football League (CFL) franchise rights, Art Williams and Jim Speros, owners of the Birmingham Barracudas and Stallions, announce their commitment to launch a new U.S. based football league.
The duo did not offer any specifics, other than the new league would consist of teams that had previously been connected to the Canadian Football League over the course of the past few seasons. Further details about the new league will be revealed in the coming weeks.