WWE Clarifies That Vince McMahon’s Return Does Not Guarantee A Sale
Vince McMahon retired from WWE back in July 2022 after being alleged of various sexual misconduct and hush money scandals. However, Vince was recently reinstated as a part of the WWE Board of Directors and is looking to regain control as Executive Chairman in an attempt to sell the global juggernaut.
Even with Vince McMahon’s resurgence, there is no assurance that it will indeed lead to WWE being sold. WWE’s recent press release indicates that McMahon’s return is to maximize the long-term value of WWE shareholders, while also mentioning that there is no guarantee that the sale of the company would indeed happen even after that.
“There is no assurance that this process will result in a transaction”
WWE Press Release
The news of Vince McMahon’s return to WWE received a mixed response. It is still unclear if Vinnie Mac’s comeback would have him be involved in the creative process of the product, the development of superstars, and other key aspects in regard to television programming.
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