Tony And Shad Khan Could Afford To Buy WWE
The big question remains would Vince McMahon even consider selling the company to Tony Khan or Shad Khan,Tony’s father, since they may just be purchasing it without caring about continuing the legacy?
According to PW Insider, Vince McMahon would give up controlling power in the event of a sale, meaning that the buyer can choose whether to continue the business or shut it down for good. Therefore, the company’s future is not in Vince’s hands once the sale is complete.
“First if Vince is selling for many billions of dollars, he gives up power over how WWE would be used going forward (at least he should in any deal done by a competent lawyer). In exchange for money, he gives up control of the legacy. He can hope it carries on but once he sells, he gives up complete control unless he finds a rube to buy it. I am sure that the Khan’s could put together the money to buy it if they wanted to but it will be very expensive and as mentioned above, if the TV rights deals change for the worse, it’s a bad investment. WWE’s revenue has become very, very dependent on rights fees.”
PWInsider.com
Shad Khan is reportedly worth $11.5 billion dollars. Naturally, he could afford to buy WWE. The big question is whether the Khans want three pro wrestling companies in the family. Obviously, this is not going to happen, but it’s an interesting thing to think on.
Follow Corey at @CoreyBrennanBS on Twitter
If you enjoy Bodyslam’s content, you can help donate to the site here. You can also visit our PWTees store and buy Bodyslam official merchandise here.
You can listen to all of Bodyslam’s podcasts by following us on Spotify and subscribing to our YouTube Channel, or any of your favorite podcast platforms.ⓘⓘⓘⓘⓘⓘⓘⓘⓘⓘ