I currently run two Leagues - the [url="http://www7.myfantasyleague.com/2008/home/42306"]Premier League[/url] and the [url="http://football25.myfantasyleague.com/2008/home/47644"]Elite League[/url] - and plan to start a 3rd League - the Champions League - in 2009.
I've begun recruiting from our current pool of owners for anyone interested in another League but thought I'd try here for more 'new' blood.
Take a look at the Rulebook at each of the League pages above. The Premier League and Elite League are independent of one another but operate on the same rules system. The new league will be similar but it will incorporate some new features that the existing Leagues do not have: open bidding during the draft, rookie salary scale, defensive players.
Its early but take a look if curious and email me if you interest or further questions. ThanksBFFL Commissioner (Premier, Elite, and Champions Leagues)