WWE SOLD- Many Stars are in danger of being Fired after the sale of WWE , Shocking revelations in the report.
WWE Is SOLD
WWE executive chairman Vince McMahon has been trying to sell off the wrestling-promoting company for several months, and The Endeavor Group is planning to value WWE at over USD 9.3 billion, leading to a USD 21 billion merger with UFC. McMahon has been in the middle of several controversies since last year, especially when he temporarily stepped aside from his post as WWE CEO because of allegations of sexual misconduct and hush money cases.
Further, the WWE media rights for Raw and Smackdown are set to expire in October 2024, and it is believed that the McMahon family wants to sell the wrestling company before that. While opening about selling WWE, Vince McMahon said, “It’s the right time.” The McMahon family has maintained ownership over WWE for over 20 years and is now planning to sell the company at a whopping price. It is believed that the CEO of Endeavor Group is set to lead both WWE and UFC after the upcoming merger.
Endeavor CEO Ari Emanuel will be taking ownership of WWE after it is merged with Ultimate Fighting Championship (UFC), which is considered one of toughest fighting and boxing tournaments in the world.
Will Triple H continue as Creative Head
Shortly before suddenly Vince McMahon once again joined the board of directors. Since then, many fans had assumed that he would replace Triple H as the creative head. Nick Khan said in an interview with Lightshed Live that Triple H is handling most of the responsibility of the creative team. They told,"Paul (Triple H) is the creative head. If he asks Vince for any suggestions or if Vince wants to pitch an idea, then he and The Game go back and forth. It's always been that way. We are fortunate to have Vince and the head of the creative team, Triple H, on board."
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ReplyDeleteVery Sad to know that WWE Is SOLD. Very upset.
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ReplyDeleteIt's fun watching WWE, and now its sold. What a change
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