Tuesday, August 4, 2009

Reports: AFL will fold soon, declare bankruptcy


Reports: AFL will fold soon, declare bankruptcy

Posted using ShareThis

(ESPN) The Arena Football League soon will announce that it is folding, multiple media outlets reported Monday.

A league source told ESPN that the AFL is "suspending operations indefinitely," and an official announcement was forthcoming.

Arizona Rattlers owner Brett Bouchy said the league will also declare bankruptcy, according to the Orlando Sentinel.

Not even the t.v. deal with ESPN could save this league from tanking.

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