SBD/8/Franchises

FINANCIAL PROBLEMS FORCE THUNDERBOLTS TO FOLD

     The Cleveland Thunderbolts have ceased operations as a
member of the Arena Football League citing "financial problems."
AFL spokesperson Mike Jackowski:  "The Arena Football League
certainly would like to have a franchise in Cleveland.  It just
couldn't happen, for financial reasons, under the scenario of the
current ownership group."  The league is not ruling out, however,
the possibility of the city being a "candidate for expansion" in
'96 (Dennis Manoloff, Cleveland PLAIN DEALER, 3/7).
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