FORT WORTH (CBSDFW.COM) – The Texas Education Agency is taking steps to shutdown the charter school started by former Dallas Cowboy Deion Sanders.

TEA officials confirmed to CBS 11 News that they have “started the revocation process” against Uplift Fort Worth — the sponsoring entity of Prime Prep Academy.

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A letter sent to Uplift Fort Worth board president Chris Lewis and Prime Prep superintendent Ron Price cited “demonstration of unsatisfactory financial performance and failure to comply with Texas Education Code.”

In April, Price, a former Dallas ISD trustee, told the FBI he suspected federal money earmarked for the 300 students of the school was being used improperly.

When Price made the allegations sources told CBS 11 News some of the concerns centered around some 400 computers, bought with federal money, that instead of going to students were sold for profit.

The equipment and money concerns are just a few of the improper operation allegations made against the school since it opened in 2012.

In March, a church, that claimed it was owed tens of thousands of dollars by Prime Prep for rent and construction work, locked its door to students.

Sanders sent out a string of tweets to respond to the TEA’s decision:

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Last Friday on  105.3 The Fan, Deion Sanders joined Shan and RJ to defend the criticism Prime Prep Academy faces for the school’s past transgressions:

Sanders continued with the strides Prime Prep Academy has made and the accolades it has received:

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