Cane, owner of an engineering company, was approached by the league after they lost their previous sponsor Hyper UK.

The previous sponsor, Freederm did not return to sponsor the new series.

"I am currently in discussion with our previous sponsors," he said before the news conference.

On one hand, Con Edison, a previous sponsor, increased its grant to $7,500 from $5,000.

The clubs previous main sponsors had been Celbridge Football Park since 2002.

The previous sponsor, from 2002-04, was a local company called The Untouchables.

In 2002, under a previous sponsor, the purse was $5.0 million ($900,000 to champion), and has never been as high since.

Mr. Blum said the spurt of condo buying by the previous sponsor was driven by an expectation that values in the building would rise.

Other previous sponsors including Air Asia.

One of the previous sponsors, from 2002-04, were a local company called The Untouchables.