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XFL Parent Alpha Entertainment Files for Chapter 11 Bankruptcy

April 13, 2020, 6:39 PM

Alpha Entertainment LLC, an entity owned by Vince McMahon and the parent of the upstart XFL football league, files for Chapter 11 protection from creditors in Delaware.

  • Alpha lists assets and liabilities ranging from $10 million to $50 million in its bankruptcy petition
  • The XFL canceled the remainder of its inaugural season amid the spreading coronavirus
  • Stakeholders include World Wrestling Entertainment Inc. with 23.5% of Class B interests
  • St. Louis Sports Commission listed among largest unsecured creditors at $1.6 million
    • The case is Alpha Entertainment LLC, 20-10940, U.S. Bankruptcy Court for the District of Delaware

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