The United Football League is seeking local investors for a franchise that would begin kick off at PGE Park in fall 2011 —more than 2 1/2 decades after the United States Football League’s Portland Breakers played their only season at the stadium. UFL officials, led by Chief Operating Officer Bill Peterson, came to Portland last week and met with Mayor Sam Adams and business leaders, including Mike Golub, chief operating officer for the Portland Timbers. About a month ago, UFL Commissioner Michael Huyghue visited the city, and more talks are in the works. “We’re very excited about the initial reaction,” Peterson says, “but there’s still a lot of work to do.” That includes finding a local owner or group likely to need $20 million or more for 50 percent of a franchise. The league would own the other 50 percent, Peterson says. http://portlandtribune.com/sports/story.php?story_id=127793249485449300
