Mazaplay
  • Home
  • Cricket News
  • ITL
  • Football
  • UFC
  • Esports
  • SIGN UP
No Result
View All Result
  • Home
  • Cricket News
  • ITL
  • Football
  • UFC
  • Esports
  • SIGN UP
No Result
View All Result
Mazaplay
SIGN UP
No Result
View All Result

Home » Former WWE CEO and founder Vince McMahon plotting return to the company

Former WWE CEO and founder Vince McMahon plotting return to the company

Mr. McMahon retired as WWE chief executive and chairman in July amid a board investigation of sexual misconduct claims against him.

Rohit Kumar by Rohit Kumar
Jan 06, 2023 01:33 pm
in WWE
0
Vince McMahon (Source - Twitter)

Vince McMahon (Source - Twitter)

0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

Vince McMahon, the former World Wrestling Entertainment (WWE) chief executive, who retired from the company last year following a hush money and sexual harassment scandal, is plotting a return to the WWE. The 77-year-old maintains majority voting power in the company through his stock holdings, and he informed the board that he will elect himself and two former associates as a director, according to reports from Thursday.

“WWE is entering a critical juncture in its history with the upcoming media rights negotiations coinciding with increased industry-wide demand for quality content and live events and with more companies seeking to own the intellectual property on their platforms,” McMahon was quoted as saying in The Journal.

“The only way for WWE to fully capitalize on this opportunity is for me to return as Executive Chairman and support the management team in the negotiations for our media rights and to combine that with a review of strategic alternatives. My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder.” added the 77-year-old.

WWE chief Vince McMahon was retired because of sexual misconduct allegations

McMahon reportedly received a letter from former wrestling referee Rita Chatterton, demanding INR 95 crores in damages following a three-decade-old accusation that McMahon had raped her in a limo. Then, another email to McMahon’s attorneys accused him of assaulting a former spa manager in 2011 at a California hotel. She alleged McMahon assaulted her while at a WWE event in town.

The Journal also noted in an earlier report that McMahon was under investigation by the WWE board for an alleged INR 24 crores payment to a former employee he was allegedly having an affair with. The investigation began in April. .Since he’s announced his retirement, McMahon’s daughter, Stephanie, and WWE President Nick Khan took over as co-CEO. Paul Levesque, more commonly known by his ring name “Triple H,” was moved to director of creative.

Tags: WWE
Previous Post

HL: Three instances when no balls cost India the game

Next Post

INR 1 crore award for each player if India wins Hockey World Cup 2023, announces Odisha CM Naveen Patnaik

Next Post
Naveen Patnaik and Indian Hockey Team (Source - Twitter)

INR 1 crore award for each player if India wins Hockey World Cup 2023, announces Odisha CM Naveen Patnaik

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ishan Kishan and MS Dhoni (Source - Twitter)

‘If you don’t play for a long time…’ – Ishan Kishan’s coach recalls receiving tips from MS Dhoni before debut

December 11, 2022
KL Rahul (Source - Twitter)

‘Iska mann hi nahi hai khelne ka’- Twitter reacts as KL Rahul’s torrid run with bat continues

December 24, 2022
Jaydev Unadkat (Source - Twitter)

Watch: Jaydev Unadkat takes maiden Test wicket, ends 12-year wait, with a ripper of a ball

December 22, 2022
Ravichandran Ashwin (Source - Twitter)

‘Haarne ka hoga zikra nahi, Ashwin anna hai koi fikr nahi’- Twitter reacts as Ashwin helps India register thrilling win against Bangladesh

December 25, 2022
Cheteshwar Pujara

‘Best Test batsman for India in this generation’- Fans can’t stop praising Cheteshwar Pujara as he scores century after 1443 days

December 16, 2022
Indian Cricket Team (Source - Twitter)

Indian veteran pacer replaces injured Mohammed Shami for the Test series against Bangladesh

December 10, 2022
Dinesh Karthik and KL Rahul (Source - Twitter)

Dinesh Karthik backs KL Rahul after his poor outings in the two Tests against Bangladesh

December 24, 2022

Watch: Faf du Plessis takes stunning diving catch to dismiss Roelof van der Merwe in SA20

January 22, 2023

‘I don’t know who is Rishabh Pant’ – Bus driver who saved Rishabh Pant’s life

December 30, 2022

‘I am not surprised the way he has captained’ – Former Indian batter with huge praise for Hardik Pandya

November 22, 2022

Watch: Prithvi Shaw involves in road clash with Instagram model Sapna Gill, video goes viral on social media

February 16, 2023

‘Betting on me isn’t a…’ – Jon Jones speaks about him being the betting underdog at UFC 285 against Ciryl Gane

March 3, 2023

Are ek match to jeeto, ek’ – Bangalore brushed aside by Alyssa Healy-led UP in Women’s T20 League 2023

March 10, 2023

‘India took a look at Pakistan and designed…’ – Former Pakistan Cricketer makes huge claim on Indian bowling attack

February 3, 2023

FIFA World Cup 2022, Day 3: Saudi Arabia upset Argentina, as defending champions France crush Australia

November 23, 2022

‘Ab chaatne ka koi fayda nahi hai’ – Twitter reacts as Dinesh Karthik showers praise on MS Dhoni, says he is ‘hero for the public’

February 26, 2023
OUR SPONSORSHIPS
Mazaplay

Categories

  • 20-20 World Cup
  • Abu Dhabi T10 League 2022
  • Analysis
  • Australia vs South Africa 2022-23
  • Australian Open 2023
  • Bangladesh vs India 2022
  • Big Bash League 2022-23
  • Cricket News
  • Esports
  • FIFA World Cup 2022
  • FIH Hockey World Cup 2023
  • Football News
  • Hockey
  • India vs Australia 2023
  • India vs New Zealand 2023
  • India vs Sri Lanka 2023
  • Indian T20 League 2023
  • Indian T20 League Auction
  • International League T20 2023
  • Lanka Premier League 2022
  • New Zealand vs India
  • Pakistan Super League 2023
  • Pakistan vs New Zealand 2022-23
  • Press Release
  • Records & Stats
  • SA20 2023
  • South Africa vs England 2023
  • Twitter Reactions
  • UFC
  • Uncategorized
  • Women's 20-20 World Cup 2023
  • Women's T20 League 2023
  • WWE

Recent News

Erik ten Hag and Scott McTominay

Erik ten Hag clears Scott McTominay’s position at Manchester United amid interest from Newcastle United.

April 2, 2023
Kane Williamson

‘Kya mtlb world cup ki prep shuru hojayenge’ – Fans react as Kane Williamson ruled out of Indian T20 League 2023

April 2, 2023

© 2023 MazaPlay

whatsapp
No Result
View All Result
  • Home
  • Cricket News
  • ITL
  • Football
  • UFC
  • Esports
  • SIGN UP

© 2023 MazaPlay