The WWE CEO, Nick Khan, shared his opinions about all the controversial rumors about the WWE sale and Vince McMahon. In this short period, many turns of events have occurred. People saw Vince McMahon returning to his company and being added to the Board of Directors.
Last year in July, Vince McMahon stepped down as the CEO and Chairman of WWE. He had to quit his position as the company’s board launched an investigation into him for sexual misconduct. After his resignation, all the authorities changed. His daughter, Stephanie McMahon, and Nick Khan became the co-CEOs of the company. Also The Game, Triple H took over as the Head of Creative. But, as seen last month, Stephanie McMahon resigned from the position of CEO of the company. People think that Vince’s return may have forced her to take this step, and Vince will do no good to the company. Earlier, there was also a rumor about Mr. McMahon possibly selling the company to the Saudi Arabian Public Investment Fund.
The WWE universe also thinks that Vince McMahon might take control of the Creative from Triple H and affect the growth of the company. But, in a recent interview with Wrestling Observer, the current CEO, Nick Khan, confirmed that there is no chance of Vince McMahon looking into the Creative. Nick also shared that the sale might take place in another three to four months. There’s also a possibility of Vince McMahon retiring permanently post-sales. Mr. McMahon returned to WWE as a shareholder, so he is ready to leave the company permanently if it is good for all the other shareholders.
Continue Reading: The Rock’s mother survives a fatal car crash
New Lawsuit on Vince McMahon
Vince McMahon returned to WWE last month after he resigned from the company in July 2022. The reason behind his resignation was an investigation of sexual misconduct against him. As reported earlier, he was charged with three lawsuits. Currently, reports are coming out about a fourth lawsuit filed against WWE and Mr. McMahon.
This lawsuit also claims access to the private files of Mr. McMahon from WWE, which will help to investigate him. The lawsuit claims that Vince McMahon sexually assaulted and raped his employees and paid them $15 million to keep their mouths shut. If the allegations are proven to be true, Vince will be forced to leave the company permanently and face other serious charges as well.
After Vince retired from all the positions at the company in July, Triple H took over as Head of Creative. Since then, fans have enjoyed all the storylines. Many superstars are also relieved that Triple H took the reins. As Vince McMahon fired many talents while he was in power, Triple H went on to bring many of those talents back. He approached everyone and included them in different storylines. The WWE Universe is eager to see what Triple H has in mind for the company.
In case you missed it!
Edge skipped his original Royal Rumble plans due to outside commitment
“Never has to lift a finger,” WWE Hall of Famer pitches a unique idea for The Rock’s return