Yeah, you probably expected this one.
It’s being reported that despite Vince McMahon having said he would only be back in WWE to facilitate a sale of the company along with media rights negotiations, he’s already returned to his office.
This was originally reported by Ringside News but has been confirmed as accurate by Dave Meltzer of the Wrestling Observer.
According to Meltzer, McMahon is already “suggesting changes”, which goes along with a rumor Fightful had heard a couple of days ago as well.
Ringside News’ original report also said that McMahon had rehired Brad Blum, his Chief of Staff, who was actually fired by WWE “about a month-and-a-half” ago.
Meltzer didn’t comment on the accuracy of that part of the report.
Paul Levesque (Triple H) told WWE talent in a meeting before SmackDown on Friday that nothing would change on the creative side of things and he would still be the person heading that up.
He did say he and McMahon “may have discussions”, but Levesque is the one making final decisions.
However, it’s worth remembering that WWE did hold a meeting with employees (not talent) a week earlier and the message was “business as usual” and that no management would be changing, and then Stephanie McMahon resigned just days later, so it seems even what’s being said in the meetings is a fluid situation and things may change.
On January 6, using his power as majority owner, Vince McMahon put himself and former WWE presidents George Barrios and Michelle Wilson back on the company’s Board of Directors, disposing of JoEllen Lyons Dillon, Jeffrey R Speed, and Alan M Wexler in the process.
McMahon had stated that his intention was to facilitate a sale of the company.
He changed bylaws to ensure that no sale or media rights deal could be completed without his approval.
Upon McMahon’s return, two further Board members resigned of their own volition, those being Man Jit Singh – who was the one heading up the Board’s investigation into McMahon – and Ignace Lahoud.
Stephanie McMahon then resigned from her role as co-CEO and Chairwoman and her position on the Board on January 10, as Vince McMahon was elected Executive Chairman.
There has been much speculation that Vince McMahon was looking to sell to a party that would commit to keeping him in charge of the company despite the multiple sexual assault allegations that have surfaced in the past year that led to his initial ‘retirement’ in July.
You can keep up with all the latest news and updates on a potential WWE sale by clicking here.
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