Vince McMahon claims he's not the 'bad guy' after XFL bankruptcy saga

Vince McMahon XFL bankruptcy news came as a shock to fans earlier this month. WWE mogul anunced that league would be shut down with immediate tice early in May after running into major losses due to ongoing coronavirus lockdown. However, re were rumours from within federation that Vince McMahon filed for XFL bankruptcy only to avoid paying his staff and players ir weekly ws in middle of pandemic. former XFL owner has w come out to rubbish such claims while filing deposition in ongoing bankruptcy case.

Also Re | XFL bankruptcy: XFL owner Vince McMahon defends firing Luck just before shutting down XFL

Former XFL owner Vince McMahon says he won't bid for league in future

Also Re | XFL bankruptcy: Former XFL commissioner sues Vince McMahon over firing

Vince McMahon claims he's t 'b guy' after XFL filed for bankruptcy

While filing for a deposition in XFL bankruptcy case, Vince McMahon claimed that he did t manipulate league into bankruptcy. He furr went on to d that he will t bid for league in future. Vince McMahon was quoted by Athletic as saying, “I don't kw why that's out re, making me out to be b guy, [that] I'm going to buy XFL back for pennies on dollar, basically. That helped me move into direction of, ‘I'm t going to be a bidder, t going to have anything to do with it.’ I do hope that someone will pay a lot of money for it, and I do hope that it will survive.” McMahon mitted in Tuesday’s court filing that he initially reserved right to bid, but was prevented from doing so by last week’s court ruling.

Also Re | XFL bankruptcy: Oliver Luck sues Vince McMahon for wrongful termination of XFL contract post bankruptcy

XFL owner Vince McMahon accused of lowering league price through bankruptcy

deposition filing furr revealed that “ bid procedures are designed to ensure that McMahon can acquire debtor at a fire-sale price with third parties having little or meaningful opportunity to do diligence required to ensure a fair process.” Vince McMahon dismissed claims that he would try to buy league in future. 

Also Re | WWE CEO Vince McMahon part of Donald Trump's visory panel despite XFL bankruptcy

WWE CEO Vince McMahon lauds 'real heroes' in war against COVID-19

Also Re | How much did WWE CEO Vince McMahon invest in XFL? XFL files for bankruptcy after laying off staff