The Fan Controlled Football League has quite a bit of competition now with the USFL and XFL launching. Well, their co-founder is now pivoting to a technology licensing model and hoping to sell franchises to fund a restart of the league after a cash crunch killed this year’s planned season, according to Sports Business Journal.
As recently as December, Fan Controlled Football was promoting its third season coming this May and also began teasing the launch of a basketball property, but that is not going to happen right away.
According to their co-founder, they raised $55 million in venture capital, including a $40 million Series A round in January 2022 that was intended to fund two additional years, but the cash dried up.
It was super fun, but we hope they can keep it going because it did give guys a shot to play football and the experience as a fan was great. Who doesn’t want to call a play for their favorite team?