Late last week, the XFL suspended operations and laid off most of their staff. This week, fans’ fears were confirmed as the organization announced it has filed for Chapter 11 bankruptcy, dashing any hopes of future seasons for the fledgling league.
A league spokesman issued the following statement to TMZ:
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. Accordingly, we have filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code. This is a heartbreaking time for many, including our passionate fans, players and staff, and we are thankful to them, our television partners, and the many Americans who rallied to the XFL for the love of football.
This marks the second time the XFL has abruptly ceased to exist. Despite a promising start and a humble but dedicated fanbase, the COVID-19 pandemic wiped away any optimism for a second season this time around.
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