XFL Loses Tens Of Millions In Covid-19 Shutdown, Files For Bankruptcy

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The Coronavirus continues to wreak havoc on the world financially. One brand who couldn’t not stop the hemorrhaging and is seeking relief from their creditors.

TMZ is reporting that the has officially filed for bankruptcy. According to the article Vince McMahon’s professional football league has also folded. A representative detailed the needed but unfortunate decision. “The XFL quickly captured the hearts and imaginations of millions of people who love football. Unfortunately, as a new enterprise, we were not insulated from the harsh economic impacts and uncertainties caused by the COVID-19 crisis.”

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