XFL

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The bankrupt XFL has been acquired for $15m by an investment group which includes Hollywood star Dwayne "The Rock" Johnson and American investment firm RedBird Capital Partners

The XFL has filed for Chapter 11 bankruptcy protection, making the move on the first business day after the spring-season American football league suspended operations and fired virtually all its staff

The rebooted XFL has been forced to cancel its inaugural season after just five weeks due to the global Covid-19 pandemic

In a potentially worrying landmark for the XFL, domestic television ratings for the spring-season American football league fell below the one-million mark for the first time over the weekend