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(AP) -- A co-owner of the Cedar Rapids (Iowa) Titans football team is selling his stake through Craigslist.

The Titans announced earlier this week that owner Mike Polaski is trying to sell his 20 percent stake in the two-year-old Indoor Football League team.

Polaski writes on Craigslist that a downturn in his business as a restaurant owner is the reason and he's asking for $80,000.

The team's general manager and co-owner, Chris Kokalis, says Polaski was influential in bringing the team to Cedar Rapids.

He says Polaski's decision to sell has no impact on the Titans' daily operations.

The Titans (3-0) were in first place in IFL's United Conference and face the Wyoming Cavalry on Friday.

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