Vince McMahon plotting to sell WWE after return: Reports


Vince McMahon plotting to sell WWE after return: Reports

Vince McMahon (Image Credits : Forbes)

Do not be mistaken ladies and gentlemen, the unimaginable has happened. Effective immediately, Vince McMahon, aged 77, is officially back with WWE. As previously reported by the Wall Street Journal, Mr. McMahon notified the board members about his comeback. He’s aware of the upcoming television rights renewal for Raw and SmackDown and wants an active participation in the process.

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According to his vision, the Stamford-based promotion is set to enter a vital phase. Henceforth, he’s made the call to return and help guide the strategic-review process. Also, there’s a very narrow window to begin scouting the next best deal for their flagship programming.

Seemingly to ensure everything takes place under his belt, Vince McMahon is back into the board of WWE directors. Apart from himself, the former CEO has elected Michelle Wilson and George Barrios in that position. Obviously, three of the previously occupied positions which were held by Alan Wexler, JoEllen Lyons Dillon and Jeffrey Speed are now replaced.

The aforementioned data has been confirmed as per a latest filing from the company. Brandon Thurston of Wrestlenomics shared a copy of the same via his Twitter handle. You can read the entire document in the following tweet.

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Related : Vince McMahon receives an interesting response from Shane McMahon’s son upon his WWE return rumors

What’s Vince McMahon return mean to WWE?

Vince McMahon
Vince McMahon’s return request was recently denied (Image Credits : Metro)

To manifest, even though he’s back officially, that’s to pursue some business. With a shadow of doubt, Vince McMahon is a business tycoon and doesn’t stands second to anyone on this aspect. However, his return news will surely concern tons of people working in WWE.

Most likely, who were recently brought back under Triple H’s takeover, are living in fear right now. Allegedly, most of these superstars were on Vince’s bad side during their previous adventures with the promotion. So being said, the 77-year old fired them. However, things shouldn’t be as bad as they seem like, this time around. Just to add, William Regal has also marked his official WWE return in a vice president of Talent Development role.

In his press note directed to the board members, McMahon signified that he won’t be interfering in the ongoing ventures in WWE. That possibly include the creative side of things as well. Since McMahon left, WWE stock price spiked massively. Also, most of the backstage figures in WWE believe that the overall functioning has been much better since McMahon’s retirement.

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