Vince McMahon could also be out of WWE and TKO however it appears he nonetheless has the corporate questioning simply what he’s going to do subsequent.

Vince McMahon has been accused of great sexual assault and intercourse trafficking in a lawsuit that has rocked WWE. Because of a significant sponsor threatening to drag their promoting from the Royal Rumble Vince McMahon resigned as Government Chairman of TKO – a task he had held for the reason that Endeavor takeover of WWE was accomplished in September 2023.

Nonetheless, it’s not fairly as clear a break as TKO may need hoped contemplating the scandal engulfing McMahon. Talking on the TKO Financials name, TKO President Mark Shapiro defined that Vince McMahon nonetheless owns an enormous quantity of inventory within the firm and he has given no indication of simply what he’s going to do with it:

Clearly, we’re speaking about Vince McMahon, particularly, when it comes to cashing inventory. He nonetheless holds, I consider, 20 million shares. It’s all registered. He’ll do no matter he’s going to do and we’re on the sidelines, we’ll take a look, we’ll see, we do not know on timing.

We’re not having a dialogue with him. He’s given us no viewpoint on his motive or if he plans to promote or not promote or if he does, how a lot. We’re going to attend round and discover out, similar to you.

Can Vince McMahon Drive His Method Again To WWE?

Allegations concerning the lawsuit filed towards Vince McMahon first got here to mild in 2022. An investigation was carried out by a particular committee of WWE Board members on the time and McMahon initially introduced his retirement in July 2022.

Nonetheless, as soon as the investigation was accomplished and the highlight on him died down, McMahon used his place as majority shareholder of WWE to pressure his manner again into energy in January 2023. That was regardless of a unanimous vote from the WWE Board rejecting his preliminary pleas to return.

Regardless of McMahon proudly owning 20 million shares of TKO inventory he’s not the bulk shareholder of the corporate and doesn’t have the required voting rights to repeat his comeback. Even when the lawsuit is settled and doesn’t make trial, it appears exhausting to consider TKO would need the 78-year-old again within the fold within the firm contemplating the lurid particulars contained within the swimsuit doubtlessly staining his character eternally.

McMahon has referred to as the lawsuit “replete with lies” and has vowed to combat to clear his identify.