Skip to main content

Vince McMahon Plans to Return to WWE to Pursue A Sale of the business

BY: Ryan


The Wall Street journal reported today that Vince McMahon is plotting a return to power in WWE in advance of pursuing a sale of the entire company Vince McMahon remains the primary stockholders.

Mr. Mchahon who was has majority voting power his ownership of WWE class b stock has told the company that he is electing himself and two former co-president and director, Michelle Wilson and George barrios to the board the people said. The move to reinstate Mr McMahon which the board previously rebuffed and the others will require three current director to vacate their position. Detailing his desire to return to the company he ran for four decades to help spearhead a strategic review process the people said Mr McMahon believes there is a flagship program Raw and Smackdown are about to be renegotiated according to the people.


Vince McMahon has reportedly told the board of directors that unless he has direct involvement as executive chairman from the outset of a strategic review Vince McMahon would not support or approve any Media right deal or sale.

Stay tuned to Pro WrestleNews for more wrestling News. 

Comments

MORE POST

Results From WWE NXT Live Event In Sebring, FL

 BY: RYAN  WWE held an NXT live event on Saturday night from Sebring, FL and here are the results. Luca Crusifino won a Battle Royal to earn a North American Title match in the main event.  Wendy Choo defeated Sarah Baer. Channing “Stacks” Lorenzo defeated Tavion Heights. Joe Gacy defeated Tiller Bucktrot via submission. Boa & Dante Chen defeated Skylor Clinton & Kale Dixon. Dani Palmer defeated Stevie Turner. Trick Williams & Lash Legend defeated Javier Bernal & Tatum Paxley. Gallus (Joe Coffey & NXT Tag Team Champions Wolfgang & Mark Coffey) defeated The Bayou Boys & Nathan Frazer. Dragon Lee defeated Oro Mensah. NXT North American Title Match – Wes Lee (c) retains over Luca Crusifino. Stay tuned to Pro Wrestlenews for more Wrestling news and Details. 

Preview For Tonight’s Episode Of WWE SmackDown (6/23/23)

 BY: RYAN  WWE invades the Cajundome in Lafayette, LA for tonight’s episode of SmackDown. Here is what’s on tap for the show: WWE & NXT Women’s Tag Team Championship Unification Match: Ronda Rousey & Shayna Baszler vs. Alba Fyre & Isla Dawn. – Bayley vs. Shotzi with a spot in the women’s Money in the Bank ladder match on the line. – Cameron Grimes vs. Baron Corbin. – Adding more matches to the Money in the Bank 2023 card. We will have live coverage of WWE SmackDown later on tonight. Stay tuned to Pro Wrestlenews for more Wrestling news and Details. 

AEW Wrestler Announces Departure

 BY: RYAN  Fuego Del Sol is no longer under contract with AEW. Del Sol made regular appearances on AEW Dark and AEW Dark: Elevation during the COVID-19 pandemic. He went on a 34-match losing streak, which was broken on July 6, 2021, in a tag team match when he and Marko Stunt defeated Ryzin and Baron Black. In August 2021, Del Sol made his Rampage debut in an AEW TNT Championship match, losing to Miro.  Stay tuned to Pro Wrestlenews for more Wrestling news and Details.