Felix Upton on January 7, 2023
Vince McMahon is back with WWE as a member of the Board of Directors. This was a ruthless business move, but there was a very good reason why he was ousted in the first place.
The fact is that Vince McMahon tried to come back to WWE in late December. On December 27th, Vince McMahon tried to come back, and retain creative control of the company. The Board of Directors voted unanimously at that time not to let him come back. This is what sparked the situation we see today, where Mr. McMahon muscled his way back.
During Wrestling Observer Radio, Dave Meltzer stated that there are even more things about this Vince McMahon situation that the WWE Board of Directors is trying to keep out of the public. It was not specified exactly what they are hiding, but it seems to be enough to warrant such an effort.
If there had to be a rubber stamp vote [to sell the company], it’s not like they would reject him, because all the stuff that happened in the last week, they’re trying to present a unified company. They’re also happy that Vince McMahon is back, and how wonderful it is. Like again, on December 27th that board voted unanimously that ‘we don’t want you back,’ and you know, noted that one of the reason is there is stuff that the people don’t know that hasn’t come out. I don’t know what that is, but they mentioned that is one of the reasons him coming back wasn’t the best.
Triple H will continue running WWE’s daily operations, also Stephanie McMahon and Nick Khan will carry on as co-CEOs. Although Triple H is running the show, some wouldn’t be surprised to see Vince McMahon find his way back to the Gorilla Position.
We will have to keep a close eye on this situation, because you never know what Vince McMahon is going to do. Every other venture he tried from bodybuilding to football was a failure, and now he is back in WWE, the only company he was able to build into a success. Only time will tell how long it will be until he can’t stand watching his son-in-law book that company any longer.
Transcription by Ringside News
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January 7, 2023 8:03 am
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