Unofficially, based on conversations I have heard about with a couple of players...
The league has basically given up on finding a local owner, at least for this year, and the only remaining options are to continue as a traveling team, or to not have a team this season. Also, the league is still not permitting other teams to contact Glory players at this time.
At least one locally-based player is not interested in the team if it becomes a traveling team.