Popular country music venue Cowboys Dancehall owes almost $10 million to banks, auto companies, government agencies and individuals, according to a new filing detailing the venue’s assets and debts, the San Antonio News-Express reported today. The document, filed on Monday in the Western District of Texas, gives the clearest picture of the dance hall’s finances since Cowboys Far West Ltd., the Arlington, Texas-based partnership that owns the dance hall, filed for chapter 11 protection in June to stall a foreclosure sale on the venue’s $5.3 million, 16.6-acre property on the city’s Northeast Side. Cowboys lists $9.8 million in liabilities to its creditors — almost $1 million less than the company’s reported total assets: $10.51 million. Court documents show the dance hall’s 2016 annual revenue is on track to fall by almost 40 percent from previous years.
