WWE Replica Titles

-

Linda McMahon vows to repay debts to creditors from 1976 bankruptcy

In a fresh round of criticism against Linda McMahon, the Democrats of Connecticut blasted the former WWE CEO for not paying the creditors in their 1976 bankruptcy and now Linda McMahon has vowed to track every single creditor and pay them back.

The McMahon family had around $1 million in debts back in 1976 and court documents – published by the Greenwich Time newspaper shows all the creditors and how much they are owed by the McMahons. In total, there are 29 creditors, some of who have passed away.

“Over the past two days, Vince and I have begun attempts to locate and reach out to all individuals on the creditor list. It is our intention to reimburse all private individual creditors that can be located. We feel it is the right thing to do to pay them in full, including an adjustment for inflation at four times the initial amount as shown on the list of creditors,” Linda said in a statement.

You can read the document here.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

NXT rating for 04/23/2024

The Spring Breakin' week one episode of NXT drew 661,000 viewers this week, up 36,000 viewers from the prior...

Audio issues spoil episode of Dynamite on TBS

AEW had several technical problems during last night's Dynamite on TBS where the audio was not cooperating. The show experienced...

WWE on A&E block (2024) ratings for week 8

Week 8 of WWE programming on A&E continued this past Sunday with an episode of Rivals and season three...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading