-

Vince McMahon issues statement on search warrant and subpoena

WWE Executive Chairman Vince McMahon issued a statement to all WWE employees today after the news came out that he was subject to a federal search warrant and a grand jury subpoena on July 17.

McMahon, who is currently taking a leave of absence to recover from spinal surgery, wrote:

“In 2022, WWE formed a special committee to review allegations of misconduct against me. That review was concluded in November 2022 following an extensive investigation. Throughout this experience, I have always denied any intentional wrongdoing and continue to do so. I am confident that the government’s investigation will be resolved without any findings of wrongdoing. I am focused on completing the recovery process from my recent spinal surgery and on closing our transaction with Endeavor, which will create one of the preeminent global sports and entertainment brands.”

McMahon is also paying back millions of dollars to the company as they recover the funds from the Special Committee investigation on his hush-money deal and funds which he illegally used throughout the years. The company registered an additional $5.4 million in costs this quarter related to that investigation.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

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

Saturday Night’s Main Event live tonight on Peacock from Fort Wayne

Live tonight from the Allen County War Memorial Coliseum in Fort Wayne, Indiana, WWE presents the 44th Saturday Night's...

Collision rating for 05/20/2026

The one-hour Collision which aired after Dynamite on Wednesday night had 413,000 viewers, up 29,000 viewers from the previous...

First hour of Clash in Italy to air free on ESPN

WWE announced that the first hour of Clash in Italy will also air for free on ESPN next Sunday. This...

Discover more from Wrestling-Online.com

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

Continue reading