Arlington is the headquarters because the XFL got a good deal (and the UFL continued it) and also DFW International Airport has access to every major city in America, including the other 7 UFL cities.
There has been significant pushback against publicly funded stadiums for sports teams in the last year or so and the only one that has been successful is the OKC Thunder's attempts to get a new arena, which was voted "yes" by I think an 80-20 margin.
They said that the owner is a celebrity when the team was first announced. If that was the case, why have the AFL been so secretive about it? Why haven't they revealed the owners of Georgia, Wichita or SW Kansas either?
So the latest rumor about Panther City FC is that the team is going to stay in the DFW area, but rebranded. The rumored venue is the Credit Union of Texas Event Center in Allen, Texas, which seats 6,275.
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The hope is that Luka ends up like Dirk Nowitzki and play his entire career with Dallas. I think that he and Kyrie will play together for the entire duration of Kyrie's contract with the Mavericks (which I think is three years).
As for the Warriors? They have 2019 New England Patriots vibes right now.