Major Plano Training Facility Files for Chapter 11 Bankruptcy

Popular cheerleading organization, Cheer Athletics’ Plano location, files for Chapter 11 bankruptcy following major legal costs.

Twinkle Jha
Written By Twinkle Jha
News Writer
Annesha
Edited By Annesha
Managing Editor
Cheer Athletics, Plano, reaches the Eastern Texas Bankruptcy Court for a reorganization plan (Source: Created on Canva)

The Plano location of national cheerleading organization Cheer Athletics has filed for Chapter 11 bankruptcy protection. The filing comes amid rising legal expenses that prompted the organization to seek financial reorganization.

Cheer Athletics, Plano Seeks Bankruptcy Protection

In a recent Instagram post, Cheer Athletics stated that its Plano location has sought bankruptcy relief due to a rise in its legal costs. Through a Chapter 11 filing, the organization is hoping to reorganize its business. The organization noted that day-to-day training and activities will continue without disruption for athletes and coaches.

 

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According to Pacer, the Plano gym reported assets between $0 and $50,000 in its filing. Liabilities are listed between $1 million and $10 million. The organization has around 1 to 49 creditors.

The Chapter 11 case was filed in the U.S. Bankruptcy Court for the Eastern District of Texas. This filing by the Plano location was made on November 2, 2025.

Plano also serves as Cheer Athletics’ corporate headquarters and flagship gym. Founded in 1994, the organization has trained athletes competing at national and international levels. The gym relocated to its new Plano headquarters in 2022 and now trains roughly 1,500 athletes daily across its cheer and dance programs.

The Plano facility spans 70,000 to 80,000 square feet and houses both the flagship gym and corporate headquarters. The training facility serves an average of 1,500 athletes per day. Some notable features include ten standard competition cheer floors, a dance studio, and a sports performance center.

The outcome of the reorganization will play a key role in how the Plano location manages its financial recovery and future operations. The case could also influence the broader Cheer Athletics network across the country.

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Twinkle Jha is a content writer passionate about crafting engaging and informative pieces for diverse audiences. She holds a degree in Journalism & Mass Communication that helps her create news-based articles related to restaurants, retail, and real estate in the US. With five years of writing experience, Twinkle has a strong base for her research, allowing her to create compelling content. Her keen eye for detail and creative approach make her writing stand out. When not working, she loves to watch movies.
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