Alliance of American Football Files for Bankruptcy
April 17, 2019 - Alliance of American Football (AAF) News Release
The Alliance of American Football (AAF) has ceased all business operations and has started the process of liquidation pursuant to Chapter 7 of the Bankruptcy Code. AAF's bankruptcy petition was filed on April 17, 2019, with the Bankruptcy Court for the Western District of Texas (San Antonio Division).
We are deeply disappointed to be taking this action. The AAF was created to be a dynamic developmental professional football league powered by an unprecedented alliance between players, fans and the game. The AAF strove to create new opportunities for talented players, coaches, executives and officials while providing an exciting experience for fans. We are proud of the fact that our teams and players delivered on that goal.
We thank our players, coaches and employees for their commitment to the game of football and to this venture. Our fans believed in the AAF from the beginning, and we thank them for their support. We are hopeful that our players, coaches and others will find opportunities to pursue their football dreams in the future.
The AAF is committed to ensuring that our bankruptcy proceeds in an efficient and orderly manner. Pursuant to the bankruptcy laws, a trustee will be empowered to resolve all matters related to the AAF's remaining assets and liabilities, including ongoing matters related to players contracts.
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