Terms of an arena agreement to play in the Frank Erwin Center have been agreed upon and are now just waiting board approval.
The AFL's board of directors unanimously approved the Austin Ownership Group, headed by Gregory L. Feste of FesteCapital, for the league's nineteenth franchise at a board meeting in California in September.
Said general partner Greg Feste: “We are ready to bring the Austin Wranglers to life in February of 2004.
"Arena football is a perfect fit for Austin. We are thrilled to further enhance the sports and entertainment industry in our community."
The Austin Ownership group led by Greg Feste, consists of Jim Schneider, CFO of Dell, Inc.; Glyn Milburn, assistant general manager of the team and former NFL player; Leigh Steinberg, famed sports agent and founder of Leigh Steinberg Enterprises; Tony Boselli, former NFL player; Andre Wadsworth, former NFL player; Mark Brunell, current Jacksonville Jaguar; Leonard Davis, current Arizona Cardinal; and Mike Williams, current Buffalo Bill.
