Earlier this month, The Athletic had published an article saying that XFL creditors believed that XFL founder Vince McMahon was attempting to buy back the league at a “fire-sale price.” This comes after he decided to declare bankruptcy with the league.
McMahon reportedly claimed in a deposition that he will not bid on the bankrupt football league, per ESPN’s Kevin Seifert.
The unsecured creditors suspected that McMahon was attempting to ride out the COVID-19 pandemic, which would allegedly result in McMahon avoiding paying the operating costs for the league, and he’d be able to reacquire later for a bargain price.
McMahon is denying this is the case on his end.