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Vince McMahon Claims He Will Not Buy Back XFL

Posted By: Ben Kerin on May 26, 2020

In a court filing today for bankruptcy, WWE Chairman and CEO Vince McMahon said he will not be buying back the XFL. The newly launched company had its 2020 cut short due to the coronavirus pandemic. All of the employees were released aside from a small number of executives.

In a filing today in bankruptcy court, Vince McMahon said he will not be a bidder for the XFL. The unsecured creditors committee had previously objected to the proceedings, saying McMahon was trying to rig the process to buy back the league without fully paying back debtors.
— Kevin Seifert (@SeifertESPN) May 26, 2020

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