A few minutes ago the bombshell of the year dropped when it was announced Vince McMahon’s retirement. Through a statement from the WWE Company, it was confirmed that McMahon will step down as President and CEO of the company. Currently, she does not hold this position as Stephanie McMahon was appointed to these positions after her father confirmed his temporary resignation. But this statement indicates that Vince is resigning permanently.
Sean Ross Sapp, a reporter for Fightful, posted more about this in the last few minutes, pointing out that there are people on the staff who won’t stop believing this announcement until they don’t. will not have seen Vince McMahon directing the weekly WWE shows in the region by GorillePosition. “A talent contacted us immediately and told us that ‘they will believe him once he is no longer involved in the shows‘” Sapp wrote. “Another, upon hearing the news, mentioned he was surprised as he hoped Vince McMahon would be with the company until his death.”
The Official WWE Rating doesn’t specify that Vince McMahon has decided to step down as creator, despite various media outlets perceiving that to be the goal, without Sapp being a part of it, at least for now. Brandon Thurston, a Wrestlenomics reporter, was one of those who confirmed Vince’s total departure. “Vince McMahon steps down from all roles, including Chief Creative Officeras confirmed by a WWE spokesperson,” he wrote.
Other media began to speculate about a possible sale of the company. McMahon assured in his statements that as majority shareholder, he will continue “support WWE in any way possible“. In the event of not continuing on the creative team, we would be facing a big change of direction in the product offered by WWE.
It must be remembered that Vince McMahon is involved in a scandal of kickbacks that has changed his position in the company in recent weeks. Recently, several outlets have assured that companies such as HBO and other media, such as the Wall Street Journal, are documenting themselves to offer more information on the scandal, even insinuating the participation of some of those affected in the past.
Sapp also reported how the news was communicated internally. The statement apparently came after a meeting between Stephanie McMahon, Nick Khan and Triple H, who was renamed Executive Vice President of WWE Talent Relations. Vince McMahon sent a message to all WWE members announcing the news. “Strong moves have been made within WWE, and we’re told to expect moreSAP confirmed.
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