Skip to main content
Inside The Ropes
  • News

    WWE News

    AEW logo for their Dynamite TV show

    AEW News

    IMPACT Wrestling logo

    IMPACT News

    New Japan Pro Wrestling

    NJPW News

  • Features
    Poster for WWE Royal Rumble ft Roman Reigns

    WWE Royal Rumble 2023 Predictions

    NJPW Wrestle Kingdom 17

    NJPW Wrestle Kingdom 17 Predictions

    WWE Superstars With The Most Wins In 2022

    WWE Superstars With The Most Wins In 2022

    Breakout WWE Superstars In 2022

    Top 10 Breakout WWE Superstars In 2022

  • Interviews
    20 Questions Deonna Purrazzo FI

    20 Questions With Deonna Purrazzo

    Rick Boogs

    Interview With Rick Boogs

    JONAH

    Interview With JONAH

    Rosemary Interview

    Interview With Rosemary

  • Podcasts
    What’s Going Down #99 – Austin Theory, Bray Wyatt & Tyrus

    Listen
    What’s Going Down #98 – SmackDown Main Event, Crown Jewel & More

    Listen
    Jeff Jarrett stands in-ring on AEW Dynamite 2022

    Listen
    Power Slam Podcast #264 – Steve Austin Comeback, Full Gear Preview & More

    Listen
  • Quizzes
    Play Word Rumble

    Play Word Rumble

    WWE logo

    Can You Name Every WWE Pay-per-view?

    WWE Survivor Series sole survivors quiz

    Can You Name All The WWE Survivor Series Sole Survivors?

    WWE Smackdown logo

    Can You Name Every Wrestler That Competed On The First SmackDown?

  • Live Tours
  • Shop
    Magazine
    Clothing
    Accessories
    Collectibles
  • Trending
  • Follow us:
    • Facebook Facebook
    • Twitter Twitter
    • Instagram Instagram
  • Watch us on YouTube:
    • YouTube YouTube
  • Subscribe to the Magazine
  • Play Word Rumble
WWE News

Vince McMahon Plans To Block WWE Sale If He’s Not Involved

By James Holder. Published 6th January 2023.
Vince McMahon

The Vince McMahon saga continues.

Vince McMahon is officially back with WWE after securing a spot on the Board of Directors. In a filing with the United States Securities and Exchange Commission it has now been confirmed that McMahon has “acted by written consent” to remove three board members. Those members make way for McMahon himself alongside Michelle Wilson and George Barrios.

It is now McMahon’s intent to be elected as Chairman of the Board, although this will require approval from company Directors.

Vince McMahon Plans To Block Any Attempt At A Sale By WWE Where He Isn’t Involved

When the news initially broke that McMahon was taking steps to return to the company, it was stated it was so that he could help facilitate a sale. Interestingly, in previous communication with WWE’s Board of Directors, McMahon made it clear that he would block any renegotiation of television and streaming rights, or even the sale of the company were he not installed as Executive Chairman.

Writing in the Wrestling Observer Newsletter, Dave Meltzer surmised the following:

“Essentially, if they want to sell, he will block it, because once it is sold, he will have no way in because he would no longer control the voting shares. But at the same time, he does want to sell the company, but do it while in charge so the deal could benefit him and he can work himself into being kept in charge after the sale while if they sell, there is a good chance he will never get back in, because all of his leverage to return is based on his voting shares that will be gone once the sale is complete.”

This news follows an earlier report which claimed that McMahon had a previous return blocked by the Board of Directors. However, due to being majority shareholder, McMahon was able to take a different route.

McMahon’s comeback is said to have stunned many within the company, with some already reportedly looking to leave.

  • Facebook
    Share
  • Twitter
    Tweet
  • WhatsApp
    Send
  • Share

Popular Stories

  1. Ex-WWE Star Calls Out Logan Paul, Claims He’d Fall “Flat On His Face” Without Legend’s Help
  2. WWE Hall Of Famer Teases In-Ring Return
  3. Seth Rollins Reacts To Bayley’s Extreme Insult During WWE Raw
  4. Solo Sikoa Reacts To Sami Zayn’s Betrayal Of Roman Reigns At The 2023 WWE Royal Rumble
  5. Long-Time Absent Star Makes Shock Return On WWE Raw
  6. How Triple H Ribbed WWE Star At The Royal Rumble
  7. Attitude Era Star Signs New Deal With WWE
  8. Kurt Angle Explains His “Sad” Relationship With The Undertaker & Brock Lesnar
  9. Jey Uso Sends Message To Roman Reigns Following WWE Royal Rumble
  10. Vince McMahon Was “Never Onboard” With WWE Dream Match
Inside The Ropes
  • News
  • Features
  • Interviews
  • Podcasts
  • Magazine
  • Write For Us
  • Facebook Facebook
  • Twitter Twitter
  • Instagram Instagram
  • YouTube YouTube
© 2023 ITR Digital Media Limited. Read about our privacy policy.