McMahon ready to leave if it’s in best interest of shareholders after sale, says Nick Khan

WWE Chief Executive Officer Nick Khan said, without hesitation, that Vince McMahon is ready to depart the company once and for all if there’s a sale and if it gives shareholders the most value.

“Yes, without question,” Khan said replying to a question asking if McMahon was ready to quit after a potential sale considering his insistence to remain in power.

Khan said that McMahon has repeated the fact that he’s back to maximize the potential of this strategic alternative and wouldn’t do anything to harm.

“He’s declared it to the Board. He’s declared it to us in management. It’s all about shareholder value. He’s obviously a shareholder so it’s not about what role he’ll have. It’s about maximizing that value opportunity,” he said.

The WWE CEO also said that the company is looking for a strategic partner who is ideally in the media business and understands WWE and their intellectual property and not someone who only has a lot of money.

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


Trios match set for the Forbidden Door 2024 pay-per-view

Just when you thought Chris Jericho was being left off an AEW pay-per-view, the in-ring veteran found a way...

TV executive who pulled plug on WCW, Jamie Kellner, passes away

While VICE is running a four-part series on Who killed WCW, the man who truly pulled the plug and...

Collision TV report for 06/22/2024

Venue: ppl Center, Allentown, PA ***** Samoa Joe, Hook & Katsuyori Shibata vs Premier Athletes Backstory: The heels have been irritating the...

Discover more from Wrestling-Online.com

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

Continue reading