The Fort Saskatchewan Traders are moving to St. Albert, Alberta Junior Hockey League officials announced Thursday.

The Traders are a top-ranked team, but they're bringing in only 400 fans a game in Fort Saskatchewan, northeast of Edmonton.

St. Albert, northwest of Edmonton, lost its Junior A team three years ago to Spruce Grove. The townis ready to embrace the Traders with a new arena that seats 2,000.

The decision was made official after a four-hour closed meeting of the league's board of governors.

Alberta Junior Hockey League president Craig Cripps said Fort Saskatchewan residentswill be disappointed to lose their team of nearly three decades.

"Certainly St. Albert has a steep tradition with the Alberta Junior Hockey League, as had Fort Saskatchewan. Certainly the Junior A hockey in the province and across Canada has changed as far as being a business. With that said, we are certainly looking forward to St. Albert once again joining the AJHL," Cripps said.

The team is expected to be in its new home for the start of next season.