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XFL now in the hands of Dany Garcia, Dwayne “The Rock” Johnson and RedBird Capital

On social media, Dany Garcia used the image of a key bearing her silhouette to represent the ownership of the XFL.

Key to the XFL

Dany Garcia used the image of a key bearing her silhouette to represent the ownership of the XFL.

(21 August 2020) Statement from the XFL:

Dany Garcia, Dwayne Johnson and RedBird Capital Partners announced that the acquisition of the XFL was closed and the new ownership group has officially assumed full control of the XFL and its assets.

We want to thank those who helped make this possible behind the scenes, including: Grant Tani Barash & Altman; PJT Partners; Sidley Austin LLP; Fried, Frank, Harris, Shriver & Jacobson LLP; Young Conaway Stargatt & Taylor, LLP; and Houlihan Lokey.

With this news, the XFL can continue under new ownership.

New owner Dany Garcia broadcasted her remarks on social media, along with a graphic representing the owner’s “key” to the league, just as the change of ownership was made official. The blade of the key bore her silhouette.

The deal is officially closed! Excited & humbled to be the first woman to ever own an American major sports league. A big thank you to @TheRock  & #GerryCardinale & our incredible teams for all their work the past few months. More #bigmoves to come! #xflowner #ForTheLoveOfFootball

Dwayne “The Rock” Johnson also took to social media to announce his pleasure in the transition of ownership being complete. He also sent out an image of his own key to the league, with the key blade bearing his own silhouette.

The deal is official closed and “the keys” to the XFL have been handed over. I humbly accept and promise to put my callouses to hard work building our new brand. Congrats to my partner @DanyGarciaCo & #GerryCardinale and our sharp, hungry team. #XFLOwner #ForTheLoveOfFootball

Earlier in the day Garcia had pointed out that the change of ownership would take place on the anniversary of the league releasing its team identities.

Lover of the game, and looking forward to Spring football. Reporting on the league in general.

1 Comment

1 Comment

  1. Keith

    August 21, 2020 at 3:21 pm

    Congrats to the new owners. Now please give us what we crave. Fun fast safe football WITHOUT POLITICS!
    Thank you,
    Roughneck fan

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