INDIANAPOLIS -- Indianapolis Tennis Championship officials on Sunday denied an Indianapolis Business Journal report that the tournament has been sold to an Atlanta marketing firm and would be leaving the city, but said an announcement about the tournament's future will be made Monday.

The annual tournament, held on the campus of Indiana University Purdue University-Indianapolis, has struggled in recent years. Attendance is down significantly since the event was moved to June, and organizers had been searching for a new title sponsor, 6News' Sarah Cornell reported.

The IBJ's Anthony Schoettle reported that after months of negotiations, the tournament's dates were sold to an athletic club in Georgia.

"A marketing firm down in Atlanta, the Forward Agency, has posted Internet messages to potential sponsors stating that the tournament is coming in August," Schoettle said. "The sponsorships are available. The TV packages are already set with the Tennis Channel and ESPN2."

The director of the tennis championships told 6News that the IBJ's story is wrong and that no sale had been confirmed. The tournament plans to issue a news release Monday to reveal more information.

It its glory days, 100,000 people would visit Indianapolis during the weekend of the tournament. Big name players such as Andy Roddick, Andre Agassi and Pete Sampras took part, but times have changed and fans have noticed.

"This year, it was kind of sad. We didn't come this year, but we watched it on TV," said Kathy Gray. "We think you may have filled a quarter of the stadium with people was all."

"The participants are not very well known. It's not been very well known players," said Carmen Rosengarten, a tennis player.

While big names have stayed away from the event, the tournament facilities aren't up to par with newer facilities.

"It just needs to be freshened up. You can see the rust on the railings," said tennis player Christopher Stoffel. "It’s not like going to Cincinnati, where they have a brand new stadium and it's state-of-the-art."