Vince McMahon Would Leave WWE Following A Sale If It Was In The Shareholders' Best Interest

Vince McMahon could be out of the door following a WWE sale

Aidan Gibbons smiling in front of a green screen in an Adidas hoodie

Feb 3, 2023

Vince McMahon Choking.jpg

Speaking at the Q4 2022 earnings call, Nick Khan claimed that Vince McMahon will leave WWE following a potential sale if it was in the best interest of the organisation's shareholders.

Following a question from LightShed Ventures' Brandon Ross about if Khan could tell investors "with certainty" that McMahon would leave the company after a sale if it gave shareholders the most value, Khan quickly stated: "Yes. Without question. He's declared it to the Board. He's declared it to us in management. It's all about shareholder value. He's obviously a shareholder so it's not about what role he'll have. It's about maximising that value opportunity."

On potential buyers, Khan stated they were looking for an organisation already involved in the media business that knows the WWE product as opposed to a company just with "deep pockets."

WWE have been up for sale since Vince McMahon returned to the organisation in early January. The likes of Comcast, Netflix, Disney, Endeavor, and the Saudi Arabia Public Investment Fund are said to be interested buyers.

H/T to F4W Online

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