I would say the assuming of ownership of the club formerly known as Home United Football Club (HUFC) by Sea , a leading internet company, shall be seen as a breakthrough in the local football fraternity. The logo of Lion City Sailors (via LCSFC) The idea of privatization of the Republic's professional football league has always been in the pipeline with little tangible progress till the official announcement was made in the early morning of Valentine's Day. "OWNERSHIP" - A NEW CLEAR INDICATION The word "ownership" mentioned in the press release issued by the official sources is a clear indication to see newly-formed Lion City Sailors (LCSFC) operate under a new business model that is going to set itself apart from the rest of the local Singapore Premier League (SGPL) clubs. According to an online search with the ACRA Bizfile portal, LCSFC is registered as a "private limited" whereas the other local clubs are "societi