Vince McMahon’s return to WWE in early January 2023 fuelled speculation that he might seek to return to television.
With recent reports that McMahon is gearing up for the sale of WWE and a recent SEC filing stating that he no longer needs stockholders’ approval for his actions, it would make sense that a lot of his time will be spent dealing with the business side of the wrestling business.
This hasn’t stopped speculation that he would find time to make his presence felt in front of the WWE Universe.
Appearing on The Bill Simmons Podcast, WWE CEO Nick Khan clarified the current plans for McMahon and said of an imminent TV appearance:
“Not at this moment. No is the answer to that question.”
As for the future, Khan went on to state:
“Could it change in a few months? Sure, it could change.
“But that would be Paul [Levesque] and Vince being on the same page about it. I don’t see it right now.”
Following allegations raised by the Wall Street Journal in June 2022, Vince McMahon appeared on WWE Smackdown to address the WWE Universe.
Paul Levesque (Triple H) told WWE talent in a meeting before SmackDown on January 13 and before Raw on January 16 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.
On January 15, Dave Meltzer of the Wrestling Observer reported that Vince McMahon was back in his office and had been “suggesting changes” to different departments.
On January 17, WWE made a new SEC filing stating that, as of January 16, Vince McMahon no longer needs stockholders’ approval for his actions.
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.
Transcript from Wrestling Inc.
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