(PORT CHARLOTTE) -- Sometimes keeping a program afloat takes a toll on you personally and players start to look elsewhere after finding initial success with a team and that's the story with the Florida Veterans, who were the UFF's Florida Conference champions last season, have folded up their squad for the 2012 season and most likely for good."It is a very shocking development seeing that they had so much success as a team, on and off the field last year," UFF vice president Andy Villamarzo said. "I know Wayne (Gile) put in so much time and effort into his program and really wanted to put forth a program that stood for so much that was true, but to see them fold is definitely a sad thing to see."The Veterans, who finished with a 12-1 record last season and only loss came to the Georgia Firebirds in the UFF's 2011 United Cup I, were favorites to win the UFF championship in the 2012 season and were rumored to be returning many of their players from last season but were also rumored to be losing several key players, including quarterback Justin Midgett and middle linebacker David Dunham.Florida Veterans, though, attracted 20+ new players to their already over 40 plus man roster and most around the league are confused with the timing of the decision to rid of Charlotte County's arguably most successful minor league football team to date.Another factor that may have played into the Veterans' folding is the rise of the new program in the area, the Charlotte County Reign, a new minor league football team, which is owned by current Seattle Seahawks' defensive lineman Anthony Hargrove, who is a native of Port Charlotte, FL.The Reign, who apart of the FFA (Florida Football Alliance) will likely play all of their home games at Port Charlotte High School and have named former Veterans defensive coordinator Les Hassen, as their head coach of the team for the 2012 season. The players will most likely start filtering out to the local teams like the Reign, Sarasota Millionaires (FFA), Brandenton Gladiators (FFA) and the Heartland Tigers (UFF).Veterans owner Wayne Gile has already sent out notices to coaches and other owners about all the equipment, cones and footballs he will be selling. Gile could not be reached for comment on his team's departure from minor league football."I was able to talk to Wayne and its a very tough on him to do this," UFF president Mike Ioannidis said. "He's extremely saddened over folding his team. The team meant everything to him. I don't know where he'll go from here but we here at the UFF wish him the best of luck moving forward."