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Arena Football League Approves Purchase of New York Dragons by New York Based Investment Group...

Friday July 25, 12:41 pm ET New team offices established in Uniondale NEW ORLEANS, July 25 /PRNewswire/ -- The Arena Football League Board of Directors has approved the purchase of the New York Dragons by a New York-based investment group from current owner Charles Wang. The Dragons also announced that they have established their new office space in Uniondale, Long Island. The AFL Board met to discuss league business today in New Orleans at its annual ArenaBowl meetings. ArenaBowl XXII will be played here Sunday afternoon. The Board approved the Dragons deal unanimously and without condition. "We are extremely pleased to have the board's blessing and to be able to move forward with all of our exciting plans for the Dragons," stated Steven Silva, the Long Island native who serves as the managing member of the investment group.... [read full story]                    

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