Vince McMahon 'plots WWE return with plans to pursue sale of the company'

  • 📰 MetroUK
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 82%

Business News News

Business Business Latest News,Business Business Headlines

Vince McMahon is reportedly planning to return to WWE months after retiring amid an investigation into misconduct allegations.

retiring amid an investigationThe 77-year-old businessman, who is the majority owner and former chief executive of the wrestling giant, still has majority voting power and is said to have told the company he intends to elect himself to the board alongside former co-presidents and directors Michelle Wilson and George Barrios.

It’s said he believes there is tight window to start a sales process with WWE’s media rights – including those for Raw and SmackDown – due to be renegotiated.It’s reported that the board responded last month to tell McMahon that it was open to work with him on a review process.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines