The Carolina RailHawks confirmed today through a news release that they will be looking for additional investors. The team said they are "actively seeking" more partners "to participate in the next, exciting phase of growth."
The statement says the need to drive ticket and sponsorship revenues by expanding business operations and increasing sales and marketing staff is at the root of the announcement.
We will have more on this later today on carynews.com/sports and in tomorrow's N&O.
UPDATE: here's a link to the team website, where the release is now posted: http://www.carolinarailhawks.com/article/railhawks-look-to-add-additional-partners