Breaking News: Vince McMahon officially resigns from WWE/TKO amid Sex Trafficking allegations

[Rell84shots]

He's the largest and controlling shareholder

And if the WWE were still privately owned he would have the advantage, but since they're public that means nothing. People are really making this more complicated than it really is, if he were as untouchable as people think then he never would've retired in the first place. Remember that so many people who have worked with Vince have stated that he lives in his own world, which is why he's having a hard time accepting his fate.

Means nothing in the grand scheme of things if advertisers step in and force his hand.

And they've actually gotten more advertisers since he left.

 

[Rell84shots]

What? Advertisers can't force the majority owner to sell their shares and any acquisition made has to be approved by the majority of shareholders.

He's talking about advertisers threatening to drop the company if he returns.

 

[NYChase718]

This is all playing out like a Vince Russo storyline from 1998/99

 

[Bubba T]

And if the WWE were still privately owned he would have the advantage, but since they're public that means nothing. People are really making this more complicated than it really is, if he were as untouchable as people think then he never would've retired in the first place. Remember that so many people who have worked with Vince have stated that he lives in his own world, which is why he's having a hard time accepting his fate.

And they've actually gotten more advertisers since he left.

The threat he is making is that he would not approve any potential sale if he is not brought back into the fold. The WWE being public or private is irrelevant because he still owns the majority of the voting power needed to approve any sale.

 

[Rell84shots]

The threat he is making is that he would not approve any potential sale if he is not brought back into the fold. The WWE being public or private is irrelevant because he still owns the majority of the voting power needed to approve any sale.

If they don't want to sale then it doesn't matter. Let's be honest, How long do you think Vince has left to live? I would be shocked if he's still around in 10yrs, and by that time they can declare him whatever they want and stuff him away in some padded room somewhere. Point is if they do sale it'll be either after Vince dies or becomes mentally incompetent.

 

[Busby]

The threat he is making is that he would not approve any potential sale if he is not brought back into the fold. The WWE being public or private is irrelevant because he still owns the majority of the voting power needed to approve any sale.

In a nutshell he is going to play chicken with Triple H/Steph/Khan to see who blinks first.

I do remember Cornette saying that Vinny Mac is very much like Trump except he is more articulate and bit “smarter” as him.

This is his final play to gain power back, because when/IF this fails. Vinny Mac might need to be put on watch..

 

[Busby]

 

[Kidd Dibiase]

If they don't want to sale then it doesn't matter. Let's be honest, How long do you think Vince has left to live? I would be shocked if he's still around in 10yrs, and by that time they can declare him whatever they want and stuff him away in some padded room somewhere. Point is if they do sale it'll be either after Vince dies or becomes mentally incompetent.

Vince lives a relatively clean/healthy life style.

His mother lived to be 101

 

[Bubba T]

If they don't want to sale then it doesn't matter. Let's be honest, How long do you think Vince has left to live? I would be shocked if he's still around in 10yrs, and by that time they can declare him whatever they want and stuff him away in some padded room somewhere. Point is if they do sale it'll be either after Vince dies or becomes mentally incompetent.

Being that Vince is a majority shareholder, he likely has the right to vote for new members of the board (which he just did). If he gets his way and changes the board, the board can elect new officers (kick out the old regime).

Seeing how Vince is he probably has a trust set up to distribute his shares not to his family when he dies because he is that petty.

In a nutshell he is going to play chicken with Triple H/Steph/Khan to see who blinks first.

I do remember Cornette saying that Vinny Mac is very much like Trump except he is more articulate and bit “smarter” as him.

This is his final play to gain power back, because when/IF this fails. Vinny Mac might need to be put on watch..

The power of ownership. When the news broke that he was leaving management and i saw he still owned his shares I guessed that something like this could happen. He effectively still has a grip of the company.

 

[Cattle Mutilation]

 

[OGBobbyJohnson]

 

[FS4LFE]

He should be in prison if we keeping it 100. Any normal person would have rode off in the sunset and enjoy the rest of their days. This narcissistic a$$hole marching back to WWE to knockdown the towers.

 

[Bubba T]

This news & the FTC proposal of severely limiting non-compete clauses makes for a crazy ass Thursday

 

[NkrumahWasRight Is Wrong]

Dude is almost 80 years old… why can’t he just enjoy his remaining days chillin?

Boomers have held power for so long that theyd rather die with it than hand it off

 

[Starboy52]

”Grampa ain’t about to write ME out the will because of y’all.” — Declan “D-Money” McMahon