Union official: Financially troubled Arena Football League on brink of folding

Union official: AFL on brink of folding

The Arena Football League is on the brink of folding and declaring bankruptcy, an inglorious end for the 22-year-old indoor league that has suffered through a year of turmoil.

James Guidry, the regional director of the AFL players association, told The Associated Press on Tuesday that it “seems to be inevitable at this point” that the AFL will soon announce that it has ceased operations. Guidry, speaking by telephone, said the players association will accept the owner’s decision.

The AFL suspended play for the 2009 season, but some owners expressed hope that the league would return in some form in 2010.

David Baker abruptly resigned as league commissioner two days before the 2008 ArenaBowl championship game. Owners did not look for a replacement.