XFL files for bankruptcy amid economic hardship
Alternative football league was revamped and recently laid off all employees The XFL has played its last games for the foreseeable future. The league officially filed for bankruptcy on Monday, ending its attempt at a return as a rival to the NFL. “Unfortunately, as a new enterprise we were not insulated from the harsh economic impacts and uncertainties caused by the COVID-19 crisis,” an XFL spokesperson told TMZ. “Accordingly, we have filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code.” XFL COO Jeffery Pollack announced in a 10-minute phone call with league employees that it … Continue reading XFL files for bankruptcy amid economic hardship
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