In 2001, the WWF and NBC attempted to go toe-to-toe with the NFL. Despite a debut broadcast with tremendous ratings, the XFL quickly fizzled and folded after just one season. It now appears that wrestling magnate Vince McMahon could be ready to take another shot at professional football.

“Vince McMahon has established and is personally funding a separate entity from WWE, Alpha Entertainment, to explore investment opportunities across the sports and entertainment landscapes, including professional football,” the wrestling organization said in a statement issued to David Bixenspan of Deadspin (Twitter link). “Mr. McMahon has nothing further to announce at this time.”

McMahon’s first try at football wound up costing his company tens of millions of dollars. If there is a second act for McMahon in football, he is making it known that it will not affect the WWE’s bottom line or impact its shareholders.