Reports: AFL in danger of closing up shop due to financial woes
The Arena Football League is facing financial pressures that could force the league to dissolve, according to a number of newspaper reports.
The Denver Post, citing two unnamed sources "with knowledge of the league's troubles," said the league could dissolve if it doesn't secure financing by Dec. 19.
"The business model for the league is broken," Michael Young, Colorado Crush executive vice president, told the Denver Post. "If the rug is pulled out from under us, it's pulled out from ...
Read full story