SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                            -------------------------


                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported) December 29, 2000

                           AMF BOWLING WORLDWIDE, INC.
             (Exact name of registrant as specified in its charter)

          Delaware                     001-12131                 13-3873272
(State or other jurisdiction          (Commission              (IRS Employer
      of incorporation)               File Number)           Identification No.)


         8100 AMF Drive, Richmond, Virginia               23111
      (Address of principal executive offices)          (Zip Code)


                                       N/A
                                       ---
          (Former name or former address, if changed since last report)

<PAGE>

Item 5.  Other Events

AMF Bowling  Worldwide,  Inc.  ("Bowling  Worldwide") made a $3 million interest
payment  on its bank debt on  December  29,  2000.  The  remainder  of the $14.7
million  of  interest  due will be paid on a weekly  schedule  during  the first
quarter of 2001. The Company did not make a scheduled  principal  payment on its
bank debt of $12.8 million due on December 29, 2000.

On August 14, 2000,  the Company  amended its Credit  Agreement to provide for a
reduction of available  working capital  commitments to $255 million by December
31, 2000 and a waiver of certain financial  covenants through December 31, 2000.
In light of on-going  discussions  with its banks and  bondholders  related to a
financial  restructuring  plan,  the  Company  decided  not to request a further
modification  of the Credit  Agreement  or an  extension  of the  waiver  beyond
December 31, 2000. As previously disclosed,  the Company is currently in default
under the  Indentures  for its bonds.  Beginning in 2001, the Company will be in
default under the Credit Agreement and will operate without  available  capacity
to borrow.

While these  discussions  continue  with its banks and  bondholders,  management
believes  that the  Company  will have  adequate  liquidity  to  support  normal
business operations. The Company is unable to predict when or if it will be able
to arrive at a restructuring  plan acceptable to its banks and  bondholders,  or
whether  the  banks or  bondholders  will  not at any  point  pursue  any or all
remedies available to them, including acceleration of the Company's debt.


                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date:      December 29, 2000          AMF BOWLING WORLDWIDE, INC.

                                      By:     /s/ Stephen E. Hare
                                              ---------------------------------
                                              Stephen E. Hare
                                              Executive Vice President and
                                              Chief Financial Officer
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "FORM 8-K", "secsgml_size_bytes": 3381}]
{"company-data": {"conformed-name": "AMF BOWLING WORLDWIDE INC", "cik": "0001015535", "assigned-sic": "7900", "irs-number": "133873272", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-12131", "film-number": "799385"}, "business-address": {"street1": "8100 AMF DRIVE", "city": "RICHMOND", "state": "VA", "zip": "23111", "phone": "8045598600"}, "mail-address": {"street1": "8100 AMF DRIVE", "city": "RICHMOND", "state": "VA", "zip": "23111"}, "former-company": {"former-conformed-name": "AMF GROUP INC", "date-changed": "19960529"}}
SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                            -------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported) December 29, 2000

                           AMF BOWLING WORLDWIDE, INC.
             (Exact name of registrant as specified in its charter)

          Delaware                     001-12131                 13-3873272
(State or other jurisdiction          (Commission              (IRS Employer
      of incorporation)               File Number)           Identification No.)

         8100 AMF Drive, Richmond, Virginia               23111
      (Address of principal executive offices)          (Zip Code)

                                       N/A
                                       ---
          (Former name or former address, if changed since last report)
Item 5.  Other Events

AMF Bowling  Worldwide,  Inc.  ("Bowling  Worldwide") made a $3 million interest
payment  on its bank debt on  December  29,  2000.  The  remainder  of the $14.7
million  of  interest  due will be paid on a weekly  schedule  during  the first
quarter of 2001. The Company did not make a scheduled  principal  payment on its
bank debt of $12.8 million due on December 29, 2000.

On August 14, 2000,  the Company  amended its Credit  Agreement to provide for a
reduction of available  working capital  commitments to $255 million by December
31, 2000 and a waiver of certain financial  covenants through December 31, 2000.
In light of on-going  discussions  with its banks and  bondholders  related to a
financial  restructuring  plan,  the  Company  decided  not to request a further
modification  of the Credit  Agreement  or an  extension  of the  waiver  beyond
December 31, 2000. As previously disclosed,  the Company is currently in default
under the  Indentures  for its bonds.  Beginning in 2001, the Company will be in
default under the Credit Agreement and will operate without  available  capacity
to borrow.

While these  discussions  continue  with its banks and  bondholders,  management
believes  that the  Company  will have  adequate  liquidity  to  support  normal
business operations. The Company is unable to predict when or if it will be able
to arrive at a restructuring  plan acceptable to its banks and  bondholders,  or
whether  the  banks or  bondholders  will  not at any  point  pursue  any or all
remedies available to them, including acceleration of the Company's debt.

                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date:      December 29, 2000          AMF BOWLING WORLDWIDE, INC.

                                      By:     /s/ Stephen E. Hare
                                              ---------------------------------
                                              Stephen E. Hare
                                              Executive Vice President and
                                              Chief Financial Officer