Tony Khan is the AEW President and has a lot of money with which he can purchase just about anything he wants.
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.
According to a report by PWInsider, it was reported that Tony Khan and his father Shahid Khan are in the pool of potential buyers for WWE.
All Elite Wrestling—the top rival to WWE, led by Tony Khan and family—is in the pool of potential buyers for WWE, a person close to the potential transaction told Barron’s, adding that the Khans will likely look for a financial partner to acquire the asset. Tony Khan’s father Shahid Khan, a co-owner of AEW, already owns the football team Jacksonville Jaguars and the English soccer club Fulham Football Club, indicating the duo have deep pockets.
