Vince McMahon was the CEO of WWE before he had to step down following allegations of sexual misconduct and allegedly having paid $12 million in hush money in a huge scandal last year. Many fans believed he was retired forever, but that was not the case. This is because Vince McMahon returned to WWE last week and last night, he became the Executive Chairman of WWE once again after his daughter Stephanie McMahon resigned. Nick Khan is now the sole CEO of WWE while Triple H remains the Creative Head of WWE.
Following Vince McMahon’s return to WWE, there have been rumors that he plans on selling the company to Saudi Arabia. However, those rumors were eventually proven to be untrue.
According to recent reports, Vince McMahon’s return to WWE is primarily to facilitate the potential sale of the company. There are several potential buyers for WWE, including Saudi Arabia. It is speculated that the kingdom, which has been the subject of controversy, may be the only prospective buyer willing to retain McMahon in a position of power.
While speaking on the To Be The Man podcast, WWE Hall of Famer Ric Flair talked about Stephanie McMahon leaving WWE. The Nature Boy made it clear that he was disappointed by her exit.
“Yes, and actually disappointed. I like Stephanie a lot. I just put up a tweet about yesterday. She is one of the 10 best heels in the history of the business. I got no problem saying that. I mean, I thought it out, and I shot that over to her. And she’s there with a smiley face on, but she was that damn good man. And I mean, obviously, she was a phenomenal ambassador.”
