Document:

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                                  EXHIBIT 10.8

                          FRANCHISE PURCHASE AGREEMENT

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                    AGREEMENT FOR PURCHASE AND SALE OF ASSETS

         This agreement is made as of November 5, 1997, at San Diego,
California, among San Diego Soccer Development Corporation ("Buyer"), a
California corporation, having its principal place of business at 960 Grand
Avenue, Second Floor, San Diego, California 92109 and Parker Management, Inc.
("Seller"), a Massachusetts corporation, dba as SRDLP, Inc. and the Colorado
Foxes, having its principal place of business at 6735 Stroh Road, Parker,
Colorado 80134. The Buyer and Seller are collectively referred to in this
agreement as the "Parties."

                                    RECITALS

         Buyer desires to purchase from Seller and Seller desires to sell to
Buyer, on the terms and subject to the conditions of the agreement, the
existing A-League franchise, endorsed and granted by the United Systems of
Independent Soccer Leagues, Inc. (hereafter referred to as the U.S.I.S.L.,
Inc.) to the Seller, as well as the following promotional items: (1) one
inflatable speed kick, which includes one radar gun, one blower, one
container; and (2) one inflatable soccer ball, which also includes on e
blower and one storage bag; all of which are described in the attached
Exhibit "A". In consideration of the mutual covenants, agreements,
representations and warranties contained in this agreement, the parties agree
as follows:

PURCHASE AND SALE OF ASSETS

         ASSETS TO BE SOLD: Subject to the terms and conditions set forth in
                  this agreement, Seller will sell, convey, transfer, assign,
                  and deliver to Buyer, and Buyer will purchase from Seller, all
                  the assets listed in the Exhibit "A" (all of which are
                  sometimes collectively referred to as the Assets).

         CONSIDERATION FROM THE BUYER AT EXECUTION OF THIS AGREEMENT: As partial
                  payment of the total cash selling price of fifty thousand U.S.
                  dollars ($50,000), Buyer agrees to pay by cashiers check the
                  sum of ten thousand U.S. dollars ($10,000) at the time of
                  execution of this agreement by all the parties.

         CONSIDERATION FROM THE BUYER AT CLOSING: As full and final payment of
                  the total purchase price of fifty thousand U.S. dollars
                  ($50,000), upon transfer and delivery of all the assets to the
                  Buyer, before or no later than the sixtieth day from the date
                  this agreement is executed by the parties (hereafter referred
                  to as the "Closing"), Buyer must deliver at the Closing, a
                  cashiers check for the balance of the cash purchase price of
                  fifty thousand U.S. dollars ($50,000), the sum of forty
                  thousand U.S. dollars ($40,000) payable to Seller, as well as
                  delivery of one hundred fifty thousand (150,000) shares of
                  common stock in San Diego Soccer Development Corporation, in
                  the name of SRDLP, Inc.

         TAXES: Each of the parties must report this transaction for federal
                  tax purposes in accordance with this allocation of the
                  purchase price. The Parties agree to pay all sales taxes and
                  use taxes arising from the transfer of the Assets and will pay
                  their portion, prorated as of the closing date, of state and
                  local personal property taxes, if applicable. Buyer will not
                  be responsible for any business, occupation, withholding, or
                  similar tax, or any taxes of any kind related to any period
                  before the closing date.

WARRANTIES OF SELLING PARTIES

         WARRANTIES OF SELLING PARTIES: Selling Parties, jointly and severably,
                  warrant that:

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                  CORPORATE VALIDITY: That Parker Management, Inc. is duly
                           organized, validly existing, and in good standing
                           under the laws of the State of Massachusetts and has
                           all necessary corporate powers to own its properties
                           and operate its business as now owned and operated by
                           it.

                  OWNERS: Shareholders are the owners, beneficially and of
                           record, of all the shares of Parker Management, Inc.,
                           and warranty that all assets transferred under this
                           agreement are solely owned by Parker Management, Inc.

                  TAX RETURNS AND AUDITS: Within the times and in the manner
                           prescribed by law, Seller has filed all federal,
                           state and local tax returns as required by law and
                           have paid all taxes, assessments, and penalties due
                           and payable. There are no present disputes about
                           taxes of any nature payable by Seller or the Colorado
                           Foxes that in any manner whatsoever encumber or
                           create a security on the assets to be transferred
                           pursuant to this agreement.

                  TITLE TO ASSETS: Seller has good and marketable title to all
                           their respective assets and interests in assets,
                           whether tangible or intangible, that are listed as
                           part of Exhibit "A" to this agreement. All Assets
                           transferred to the Buyer under this agreement are
                           free and clear of restrictions on or conditions to
                           transfer or assignment, and of mortgages, liens,
                           leases, pledges, charges, encumbrances, equities,
                           claims, covenants, conditions, or restrictions. No
                           Shareholders, officers, directors, or employees of
                           the Seller; or any spouse, child or other relative of
                           any of these persons, owns, or has any interest,
                           directly or indirectly, in any of the personal
                           property owned and offered for sale to Buyer by
                           Seller. Seller does not maintain ownership or
                           possession of any Asset to be part of this sales
                           agreement in violation of any law, regulation, or
                           decree.

                  COMPLIANCE WITH THE LAWS: Seller has not received notice of
                           any violation of any applicable federal, state, or
                           local statute, law, or regulation (including any
                           applicable building, zoning, environmental
                           protection, or other law, ordinance, or regulation)
                           affecting the assets to be transferred to Buyer,
                           pursuant to this agreement; and to the best of the
                           knowledge of the Sellers, there are not such
                           violations.

                  LITIGATION: There is no pending, or, to the best actual
                           knowledge of the Seller, any threatened suit, action,
                           arbitration, or legal administrative or other
                           proceeding, or governmental investigation against or
                           affecting the Seller's assets. Seller is not in
                           default with respect to any court order, writ,
                           injunction, or decree of any federal, state, local or
                           foreign court, department, agency, or
                           instrumentality. The Seller is not presently in any
                           legal action to recover moneys due to, or damages
                           sustained by any of them, or to any third parties.

                  AUTHORITY AND CONSENTS: Seller has the right, power, legal
                           capacity, and authority to enter into and perform
                           their respective obligations under this agreement,
                           and no approvals or consents of any person other than
                           Seller is necessary in connection with it. The
                           execution and delivery of this agreement by Seller
                           has been duly authorized by all necessary corporate
                           action on the part of the Seller. Seller will deliver
                           to Buyer, on or before the execution of this
                           agreement, a written consent of its shareholders
                           authorizing and approving the sale of substantially
                           all its personal property and assets to Buyer on the
                           terms and conditions provided in this agreement.

                  FULL DISCLOSURE: None of the warranties made by Seller, or any
                           certificate or memorandum furnished or to be
                           furnished by any of them or on their behalf, contains
                           or will contain any untrue statement of a material
                           fact, or omits to state a material fact necessary to

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                           prevent the statements from being misleading. All
                           warranties of Seller set forth in this agreement and
                           in any written statements delivered to Buyer by the
                           Seller under this agreement will be as true and
                           correct on the closing date as if made on that date.

BUYER'S WARRANTIES

         WARRANTIES OF BUYER:  Buyer warrants that:

                  CORPORATE VALIDITY: Buyer is a corporation duly organized,
                           existing, and in good standing under the laws of
                           California. The execution and delivery of this
                           agreement and the consummation of this transaction by
                           Buyer have been duly authorized, and no further
                           corporate authorization is necessary on the part of
                           Buyer.

                  NO RESTRICTIONS ON PERFORMANCE: No consent, approval, or
                           authorization of, or declaration, filing, or
                           registration with, any United States federal or state
                           governmental or regulatory authority, other than the
                           express written consent and approval of the
                           U.S.I.S.L., Inc., is required to be made or obtained
                           by Buyer in connection with the execution, delivery,
                           and performance of this agreement and the
                           consummation of the transactions contemplated by this
                           agreement.

                  PRIVATE PLACEMENT MEMORANDUM: The representations contained
                           in the SDSDC, Inc. Private Placement Memorandum dated
                           September 25, 1997, a copy of which has been provided
                           to Seller prior to the signing of this agreement, are
                           true and correct.

CONDITIONS PRECEDENT TO BUYER'S PERFORMANCE

         INTRODUCTION: The obligations of Buyer to purchase the Assets under
                  this agreement are subject to the satisfaction, at or before
                  closing, of all the following conditions. Buyer may waive any
                  or all of these conditions in whole or in part without prior
                  notice, provided, however, that no such waiver of a condition
                  constitutes a waiver by Buyer of any of its other rights or
                  remedies, at law or in equity, if Seller should be in default
                  of any of its representations, warranties, or covenants under
                  this agreement.

         CONDITIONS PRECEDENT TO BUYER'S PERFORMANCE: The obligations of Buyer
                  to purchase the Assets under this agreement are subject to the
                  satisfaction, at or before the Closing, of all the conditions
                  set out below in this Article Four. Buyer may waive any or all
                  of these conditions in whole or in part without prior notice;
                  provided, however, that no such waiver of a condition
                  constitutes a waiver by Buyer of any of its other rights or
                  remedies, at law or in equity, if Shareholders or Corporation
                  are in default of any of their representations, warranties, or
                  covenants under this agreement.

                  ACCURACY OF SELLER'S WARRANTIES: Except as otherwise permitted
                           by this agreement, all warranties by the Sellers, or
                           in any written statement that will be delivered to
                           Buyer by the Seller under this agreement, must be
                           true in all material respects on the closing date as
                           though made at that time; and

                  PERFORMANCE BY SELLER: On or before the closing date, Seller
                           will have performed, satisfied, and complied in all
                           material respects with all covenants, agreements, and
                           conditions required of any of them by this agreement;
                           and

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                  NO MATERIAL ADVERSE CHANGE: During the period from the date
                           this agreement is fully executed by the parties to
                           the closing date, there will not have been any
                           material adverse change in the financial condition or
                           the results of operations of Seller will not have
                           sustained any material loss or damage to assets that
                           materially or affects the marketability of the
                           assets.

                  EXECUTION OF THIS AGREEMENT: That prior to the tendering of
                           the initial down payment of ten thousand U.S. dollars
                           ($10,000), Seller shall provide buyer a duly executed
                           copy of this agreement by an authorized individual;
                           and

                  CONSENT OF SHAREHOLDERS: That prior to the tendering of the
                           initial down payment of ten thousand U.S. dollars
                           ($10,000) Seller shall provide Buyer with the written
                           consent of each of the shareholders of Seller, as
                           requested under Article II, paragraph 7 hereinabove;
                           and

                  APPROVAL BY THE U.S.I.S.L., INC.: That prior to the payment of
                           the balance of the cash price of forty thousand U.S.
                           dollars ($40,000) and the issuance of the stock in
                           Buyer, the U.S.I.S.L., Inc., must expressly ratify
                           this agreement and approve the transfer of assets as
                           stated herein.

         REFUND OF ALL PAYMENTS: If either the U.S.I.S.L., Inc. fails to
                  approve the transfer or if Seller fails to provide the
                  warranties as set forth in this agreement as to the clear
                  title to each of the assets transferred, the payment of all
                  money made to Seller by buyer, including but not limited to
                  the initial ten thousand U.S. dollars ($10,000) paid upon the
                  execution of this agreement, shall become fully refundable
                  immediately to the Buyer.

CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE

         INTRODUCTION: The obligations of Seller to sell and transfer the Assets
                  under this agreement are subject to the satisfaction, at or
                  before closing, of all the following conditions. Seller may
                  waive any or all of these conditions in whole or in part
                  without prior notice, provided, however, that no such waiver
                  of a condition constitutes a waiver by Seller of any of its
                  other rights or remedies, at law or in equity, if Buyer should
                  be in default of any of its representations, warranties, or
                  covenants under this agreement.

         CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE: The obligations of Buyer
                  to purchase the Assets under this agreement are subject to the
                  satisfaction, at or before the Closing, of all the conditions
                  set out below in this Article Five. Buyer may waive any or all
                  of these conditions in whole or in part without prior notice;
                  provided, however, that no such waiver of a condition
                  constitutes a waiver by Buyer of any of its other rights or
                  remedies, at law or in equity, if Shareholders or Corporation
                  are in default of any of their representations, warranties, or
                  covenants under this agreement.

                  ACCURACY OF BUYER'S WARRANTIES: All warranties by Buyer
                           contained in this agreement or in any written
                           statement delivered by Buyer under this agreement
                           must be true on and as of the closing date as though
                           such warranties were made on and as of that date.

                  BUYER'S PERFORMANCE: Buyer will have performed and complied
                           with all covenants and agreements and satisfied all
                           conditions that it is required by this agreement to
                           perform, comply with, or satisfy, before or at the
                           Closing.

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                  PAYMENT OF INITIAL DOWN PAYMENT: That upon providing Buyer
                           with a duly signed copy of this agreement by an
                           authorized individual, Buyer will tender payment of
                           ten thousand U.S. dollars ($10,000) to Seller in the
                           form of a cashiers check made payable to Parker
                           Management, Inc., to be sent by overnight mail to
                           Seller's address stated hereinabove;

                  PAYMENT UPON CLOSING: That prior to transferring title and
                           ownership of the A-League franchise and each of the
                           other assets to be transferred under this agreement
                           prior to or on the day of Closing, Buyer must: (a)
                           tender payment of the remainder of the cash purchase
                           price of forty thousand U.S. Dollars ($40,000) in the
                           form of a cashiers check made payable to Parker
                           Management, Inc., to be sent by overnight mail to
                           Seller's address stated hereinabove; and (b) buyer
                           will deliver by overnight mail to Seller's address
                           stated hereinabove, one hundred fifty thousand shares
                           of common stock in San Diego Soccer Development
                           Corporation.

THE CLOSING

         TIME AND PLACE: The transfer of the Assets by Seller to Buyer (the
                  Closing) will take place at the offices of San Diego Soccer
                  Development Corporation on the sixtieth calendar day from the
                  date this agreement is executed by all the parties. If the
                  sixtieth day happens to be a Saturday or Sunday, the closing
                  will then be the very next business day or at such other time
                  and place as the parties may agree to in writing (the closing
                  date).

INDEMNIFICATION

         INDEMNIFICATION BY THE SELLER:

                  SELLERS' INDEMNITY: Seller will, jointly and severally,
                           indemnify, defend, and hold harmless Buyer against
                           and in respect of claims, demands, losses, costs,
                           expenses, obligations, liabilities, damages,
                           recoveries, and deficiencies, including interest,
                           penalties, and reasonable attorney fees, that Buyer
                           will incur or suffer, that arise from any breach of,
                           or failure by Seller to perform, any of their
                           representations, warranties, covenants, or agreements
                           in this agreement or in any schedule, certificate,
                           exhibit, or other instrument furnished or to be
                           furnished by the Seller under this agreement.

                  SELLER'S RIGHT TO DEFEND: Buyer will promptly notify Seller of
                           the existence of any claim, demand, or other matter
                           to which Seller's indemnification obligations would
                           apply, and will give them a reasonable opportunity to
                           defend the same at their own expense and with counsel
                           of their own selection; provided that Buyer will at
                           all times also have the right to participate fully in
                           the defense at its own expense. If, within a
                           reasonable time after this notice, Seller fails to
                           defend, Buyer will have the right, but not the
                           obligation, to undertake the defense of, and to
                           compromise or settle (exercising reasonable business
                           judgment), the claim or other matter on behalf and at
                           the risk of Seller. If the claim is one that cannot
                           by its nature be defended solely by Seller (including
                           any federal or state tax proceeding), buyer will make
                           available all information and assistance that Seller
                           may reasonably request.

         INDEMNIFICATION BY THE BUYER:

                  BUYER'S INDEMNITY: Buyer will, jointly and severally,
                           indemnify, defend, and hold harmless Seller against
                           and in respect of claims, demands, losses, costs,
                           expenses, obligations, liabilities, damages,
                           recoveries, and deficiencies, including interest,
                           penalties, and

<PAGE>

                           reasonable attorney fees, that Seller will incur or
                           suffer, that arise from any breach of, or failure by
                           Buyer to perform, any of their representations,
                           warranties, covenants, or agreements in this
                           agreement or in any schedule, certificates or
                           exhibits.

                  BUYERS' RIGHT TO DEFEND: Seller will promptly notify Buyer of
                           the existence of any claim, demand, or other matter
                           to which Buyer's indemnification obligations would
                           apply, and will give them a reasonable opportunity to
                           defend the same at their own expense and with counsel
                           of their own selection; provided that Seller will at
                           all times also have the right to participate fully in
                           the defense at its own expense. If, within a
                           reasonable time after this notice, Buyer fails to
                           defend, Seller will have the right, but not the
                           obligation, to undertake the defense of, and to
                           compromise or settle (exercising reasonable business
                           judgment), the claim or other matter on behalf and at
                           the risk of Buyer. If the claim is one that cannot by
                           its nature be defended solely by Buyer (including any
                           federal or state tax proceeding), Seller will make
                           available all information and assistance that Buyer
                           may reasonably request.

FORM OF AGREEMENT

         EFFECT OF HEADINGS: The subject headings of the paragraphs and
                  subparagraphs of this agreement are included for convenience
                  only and will not affect the construction or interpretation of
                  any of its provisions.

         WORD USAGE: Unless the context clearly requires otherwise: Plural and
                  singular numbers will each be considered to include the other;
                  the masculine, feminine, and neuter genders will each be
                  considered to include the others; "Shall," "will," "must,"
                  "agree," and "covenants" are each mandatory; "May" is
                  permissive; "Or" is not exclusive; and "Includes" and
                  "including" are not limiting.

         ENTIRE AGREEMENT; MODIFICATIONS; WAIVER: This agreement constitutes
                  the entire agreement between the parties pertaining to the
                  subject matter contained in it and supersedes all prior and
                  contemporaneous agreements, representations, and
                  understandings of the parties. No supplement, modification, or
                  amendment of this agreement will be binding unless executed in
                  writing by all the parties. No waiver of any of the provisions
                  of this agreement will be considered, or will constitute, a
                  waiver of any other provision, and no waiver will constitute a
                  continuing waiver. No waiver will be binding unless executed
                  in writing by the party making the waiver.

         COUNTERPARTS: This agreement may be executed simultaneously in one or
                  more counterparts, each of which will be considered an
                  original, but all of which together will constitute one and
                  the same instrument.

PARTIES

         PARTIES IN INTEREST: Nothing in this agreement, whether expressed or
                  implied, is intended to confer any rights or remedies under or
                  by reason of its agreement on any persons other than the
                  parties to it and their respective successors and assigns;
                  nothing in this agreement is intended to relieve or discharge
                  the obligation or liability of any third persons to any party
                  to this agreement; and no provision will give any third
                  persons any right of subrogation or action against any party
                  to this agreement.

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         ASSIGNMENT: This agreement will be binding on, and will inure to the
                  benefit of, the parties to it and their respective heirs,
                  legal representatives, successors, and assigns, provided that
                  Buyer may not assign any of its rights under this agreement
                  except to a wholly owned subsidiary corporation of Buyer. No
                  such assignment by Buyer to its wholly owned subsidiary will
                  relieve Buyer of any of its obligations or duties under this
                  agreement.

REMEDIES

         ARBITRATION: Any controversy or claim arising from or relating to this
                  agreement, or its making, performance, or interpretation, will
                  be settled by arbitration in San Diego, California, under the
                  commercial arbitration rules of the American Arbitration
                  Association then existing. Judgment on the arbitration award
                  may be entered in any court having jurisdiction over the
                  subject matter of the controversy. Arbitrators will be persons
                  experienced in negotiating, making, and consummating
                  acquisition agreements.

         SPECIFIC PERFORMANCE AND WAIVER OF RESCISSION RIGHTS: Each party's
                  obligation under this agreement is unique. If any party should
                  default in its obligations under this agreement, the parties
                  each acknowledge that it would be extremely impracticable to
                  measure the resulting damages; accordingly, the non-defaulting
                  party or parties, in addition to any other available rights or
                  remedies, may sue in equity for specific performance, and the
                  parties each expressly waive the defense that a remedy in
                  damages will be adequate. Despite any breach or default by any
                  of the parties of any of their respective representations,
                  warranties, covenants, or agreements under this agreement, if
                  the purchase and sale contemplated by it will be consummated
                  at the Closing, each of the parties waives any rights that
                  they may have to rescind this agreement or the transaction
                  consummated by it provided that this waiver will not affect
                  any other rights or remedies available to the parties under
                  this agreement or under the law.

         RECOVERY OF LITIGATION COSTS: If any legal action, arbitration, or
                  other proceeding is brought for the enforcement of this
                  agreement, or because of an alleged dispute, breach, default,
                  or misrepresentation in connection with any of the provisions
                  of this agreement, the successful or prevailing party or
                  parties will be entitled to recover reasonable attorney fees
                  and other costs incurred in that action or proceeding, in
                  addition to any other relief to which they may be entitled.

NOTICES

         NOTICES: All notices, requests, demands, and other communications under
                  this agreement must be in writing and will be considered to
                  have been duly given on the date of service if served
                  personally on the party to whom notice is to be given, or on
                  the second day after mailing if mailed to the party to whom
                  notice is to be given, by first class mail, registered or
                  certified, postage prepaid, and properly addressed as follows:

<TABLE>
<CAPTION>
<S>               <C>                                <C>               <C>
Buyer:            960 Grand Avenue                   Seller:           6735 Stroh Road
                  Second Floor                                         Parker, Colorado  80134
                  San Diego, CA  92109

</TABLE>

Any party may change its address for purposes of this paragraph by giving the
other parties written notice of the new address in the manner set forth above.

<PAGE>

GOVERNING LAW

         This agreement will be construed in accordance with, and governed by,
the laws of the State of California as applied to contracts that are executed
and performed entirely in California.

SEVERABILITY

         If any provision of this agreement is held invalid or unenforceable by
any court of final jurisdiction, it is the intent of the parties that all other
provisions of this agreement be construed to remain fully valid, enforceable,
and binding on the parties.

ADVICE OF INDEPENDENT LEGAL COUNSEL

         The parties acknowledge that each of them have had the opportunity to
seek the advice of independent legal counsel as to the terms of this agreement.

<PAGE>

SIGNATURES

         IN WITNESS WHEREOF, the parties to this agreement have duly executed it
on the day and year first above written.

         BUYER:                                          SELLER:

         S.D.S.D.C.                                      Parker Management, Inc.

   By:   /s/ Yan Skwara                           By:    /s/ John Healy
         ---------------------------                     -----------------------
         Yan Skwara, President                           John Healy, President

<PAGE>

                                   EXHIBIT "A"

ASSETS TO BE TRANSFERRED:

         1.       A-LEAGUE FRANCHISE ISSUED AND OWNED BY THE COLORADO FOXES; and

         2.       ONE INFLATABLE SPEED KICK, WHICH INCLUDES ONE RADAR GUN, ONE
                  BLOWER, ONE CONTAINER; and

         3.       ONE INFLATABLE SOCCER BALL, WHICH ALSO INCLUDES ONE BLOWER AND
                  ONE STORAGE BAG<PAGE>

                                  EXHIBIT 10.9

                     LETTER OF INTENT FOR FRANCHISE PURCHASE

<PAGE>

                                LETTER OF INTENT

                                October 17, 1997

Rich Kartis
COLORADO FOXES
6200 Dahlia Street
Commerce City, CO  80022

Dear Rich:

         This letter of intent is to confirm the mutual intention of San Diego
Soccer Development Corporation, a California corporation ("Buyer") and the
Colorado Foxes, or any parent company, corporation, limited liability company
or partnership ("Seller") owing a cumulative one hundred percent interest in
the assets and franchise of the Colorado Foxes, until a formal purchase
agreement is entered between the parties, the Seller and the Buyer agree as
follows:

         1.       That Buyer will acquire ownership of the A-League Franchise
held and owned by the Seller, as well as promotional items to be set forth in
the final agreement, owned by the Seller, and shall obtain exclusive rights to
negotiate new contracts with existing players currently under contract with
Seller, in consideration for the following:

                  (a)      For payment of fifty thousand dollars ($50,000) and
transfer of shares of stock from Buyer to Seller pursuant to the following
payment schedule: (i) ten thousand dollars ($10,000) to be paid upon the
execution of the formal purchase agreement by the parties and (ii) the balance
of forth thousand dollars ($40,000) to be paid sixty (60) days from the date
the formal purchase agreement is entered, AND

                  (b)      The issuance of one hundred fifty thousand
(150,000) shares of stock in San Diego Soccer Development Corporation to
Seller from Buyer, sixty (60) days from the date the formal purchase agreement
is entered by the parties. The Franchise and other assets will be transferred
at the time final payment of the purchase price is made and delivery of the
shares of stock is completed.

         2.       The terms set forth in this letter of intent are based on
the representations that Seller has no outstanding debts, and that the assets
being transferred are free and clear of all encumbrances and liens. The Seller
will provide a warranty agreement to all third party claims, including those
claims held by the League at this time as to each of the assets to be
transferred. The final transfer of funds and assets will be contingent upon
the League's express approval of the transfer. if either the League fails to
approve the transfer or if Seller fails to provide a warranty agreement as to
the clear title to each of the assets transferred, the payment of all money by
the Buyer to the Seller will become refundable immediately.

         3.       That the parties anticipate that the formal purchase
agreement should be executed by all parties by October 27, 1997.

         4.       The terms and conditions of the formal purchase agreement
will be usual and customary in a transaction of this nature and will require
approval of the shareholders or members of Seller, if Seller is a corporation
or limited liability company.

         5.       That the parties will agree to keep in strict confidence any
confidential or proprietary matters (except publicly available or freely
usable material as otherwise obtained from another source) respecting either
party.

<PAGE>

         6.       That Seller has ceased negotiating with any other party for
the sale of the A-League Franchise and any other proprietary right stated
hereinabove to be part of the purchase agreement between the parties.

         7.       The parties agree in good faith to incorporate the terms of
this letter into a definitive and binding agreement. Except for the terms set
forth in paragraph 5 (confidentiality) and paragraph 6 (no pending third party
negotiations) the proposal contained in this letter is a non-binding statement
of intention, and is subject to complete documentation and review by both
sides' counsel approval by our respective board of directors, and other
necessary parties, and is subject to any and all legal and regulatory
requirements.

         8.       Both parties have sought the advice of independent legal
counsel in entering this Letter of Intent.

The foregoing letter of intent is confirmed

SRDLP, Inc., dba Colorado                          San Diego Soccer Development
 Foxes, "Seller"                                    Corporation, "Buyer"

By:   /s/ Richard Kartis                           By:   /s/ Sam Kaloustain
   ----------------------------                       -------------------------
                                                            Sam Kaloustian, CEO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00016-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00016-of-00352.parquet"}]]