WWE
Yes, you probably expected that.
It is reported that Vince McMahon, despite saying he would only return to WWE to facilitate a sale of the company along with media rights negotiations, has already returned to his office.
This was originally reported by Ringside News but was confirmed to be accurate by Wrestling Observer’s Dave Meltzer.
According to Meltzer, McMahon is already “proposing changes,” which goes hand in hand with a rumor Fightful also heard a few days ago.
The original Ringside News report also said that McMahon had rehired Brad Blum, his chief of staff, who was actually fired from WWE “about a month and a half ago”.
Meltzer did not comment on the accuracy of this part of the report.
Paul Levesque (Triple H) told WWE Talents in a meeting ahead of Friday’s SmackDown that nothing would change on the creative side of things and he’ll still be the person leading it.
He said he and McMahon “could have discussions,” but Levesque is the one making the final decisions.
However, it’s worth remembering that WWE held a staff (not talent) meeting a week earlier and the message was “business as usual” and that no management would be changing, and Stephanie McMahon resigned just days later, so it seems to be balanced What is said in the meetings is a fluid situation and things can change.
On January 6, using his power as majority owner, Vince McMahon reinstated himself and former WWE Presidents George Barrios and Michelle Wilson to the company’s board of directors, firing JoEllen Lyons Dillon, Jeffrey R. Speed and Alan M. Wexler in the process .
McMahon said he intends to facilitate a sale of the company.
He amended the articles of incorporation to ensure that no media rights sale or deal could be completed without his approval.
Following McMahon’s return, two other board members resigned of their own volition, namely Man Jit Singh – who led the board’s investigation into McMahon – and Ignace Lahoud.
Stephanie McMahon then resigned from her role as Co-CEO and Chair and from her position on the Board of Directors on January 10, as Vince McMahon was elected Executive Chairman.
There has been much speculation that Vince McMahon was looking to be sold to a party that would pledge to keep him at the helm of the board despite multiple sexual assault allegations that have surfaced over the past year and led to his initial “retirement” in July to keep company.
You can stay up to date with the latest news and updates on a potential WWE sale by clicking here.
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