SIOUX CITY (KTIV) - A new year will mean a new ownership group for the Sioux City Bandits.
On Friday the team announced the finalized sale of the indoor football team to J.R. Bond, a northwest Missouri businessman and entrepreneur.
"The decision to sell the Bandits was not an easy one and is a bittersweet day for me and my partners," said longtime-owner and manager Bob Scott in a statement. "We are proud to be the longest-running team under the same ownership group in all of indoor football. We could not have done it without the support of our great sponsors and fans. We also owe a debt of gratitude to our staff who are so devoted and worked so hard for this franchise." states Bob Scott. "We wish J. R. Bond the best of luck in this endeavor and will do everything to make this transition as smooth as possible."
In a statement Bond said he is honored to carry on the tradition of the Bandits.
"The Bandits are truly a community asset and I am humbled by Bob's trust to carry on what he started more than 20 years ago. We look forward to many more years of delivering affordable family entertainment to Sioux City." said Bond.
The Bandits have won three league titles over the last 20 seasons.
Officials say a formal press conference will be held introducing Bond in the coming weeks.