Last week the Wall Street Journal broke the news that Vince McMahon was plotting a return to WWE in order to pursue a sale of the company ahead of the company’s upcoming media rights negotiations, and shortly after a filing from the SEC confirmed that Vince McMahon is back on the Board of Directors.
With Vince McMahon making his return to WWE many people have wondered if he could once again get involved in WWE creative, but so far he hasn’t made any moves in that direction and he released a statement saying that the current management team has his full support.
Dave Meltzer recently addressed a potential sale of WWE on Wrestling Observer Radio and then noted that Vince could be looking for assurances that he will be running the company while negotiating terms of a sale.
“I think the fact that he is going to be the key person selling, he may be looking for assurances (that he will be in charge). The thing with Vince is that, if a deal was good for the stockholders with him not in charge, once it’s sold… it’s out of his hands, he’s never getting back in.”
“So he had to do a thing where, ‘I will not a approve any sale unless it’s the right terms’, and they had to kind of accept him back and pretend that everything is all copasetic because he had said basically that any negotiations for the next TV deal, or for the sale, if he wasn’t put back in charge, he would hold it up, he would never agree to it. So it’s kinda like they were handcuffed in a lot of ways.”
Bryan Alvarez then speculated that Vince will work his way back in once the sale is done and Meltzer responded with, “Absolutely. The idea of Vince taking charge and everything like that, I don’t see that happening for a couple of months, I don’t think that’s happening this week or anything like that. He basically filed a thing that said he’s only gonna be working when it comes to the sale or the TV deal, and as long as they are a public company, he does have to actually abide by that. But my gut is that once that sale is done, he probably will try to take over and get the Creative back. I think everyone kind of expects that.”
“I don’t expect those moves to be made right away, but of course Vince wants to be Head of Creative. And Vince does have power, as far as to facilitate it, he probably at some point this year will have the ability to do it without it having negative repercussions.”
H/T WrestleTalk.com
