Wrestling Thread 7: FTR Baldhausen • Page 1206

ESPN on it now too

McMahon unretires ahead of WWE media talks


Fuck this old ass mummy

 

Fuck off Vince

 

Vince is back on the board

 

Is Triple H keeping his position? God I hope so

 

Per Observer:


-Vince had tried to come back in December, but the WWE board rejected him
-while Vince does have 81% of the shareholder voting power, this could drag out if the board takes him to court
-Vince's plan currently is to use his shareholder voting power to place himself, and the two former execs on the board (replacing three current members who have not been named) and then compel the board to name him Chairman
-Vince believes that the company needs to be sold soon, otherwise the potential sale price will decrease as media entities get more tight with spending
-Vince likely (but not confirmed) wants to remain in power after the company is sold, which is why he is acting now as he will lose shareholder voting power in a sale
-there are Federal and SEC investigations into Vince ongoing related to the allegations against him. the board asked Vince to stay away until the investigations are complete but Vince obviously refused.

 

What an awful human

 

Yeah this will definitely be a legal battle before anything actually happens (but tbf Vince is probably right about now being a very good time to sell)

 

Out of curiosity, can Trips take this to court ? Dumb question but I have no clue on how any of this works

 

the board of directors can, but it'll likely take a long time to do anything. the problem is Vince is effectively holding the company hostage and will not approve any deals going through if he's not chairman. their hands are tied right now unless they have something else up their sleeve

 

That sucks, Trips has got to be livid.

 

So does this automatically replace Nick and Steph as CEO or are they still in power ?

 

they were probably prepared for this to be the case. the entire thank you Vince campaign even after he was gone was probably to appease him to prevent something like this happening

 

they're still ceo's, but the board can vote him back into power now that he seemingly has the votes to do so

 

Officially crazier than Succession.

 

It’s like a much dumber, less likable Succession storyline

 

He's 100% going to be in the Rumble now lol.

 

Well, that was a nice what… 5 months?

 

VKM coming back is great news for AEW

 

Mercedes hearing the news after thinking about coming back to WWE after a brief run in AEW

 

Imagine being that rich and old, yet still wanting to desperately make more riches off a company that will otherwise continue being run (successfully) by your family.

 

idk I do kinda want an hbo series on this