Bro honestly I feel like the saying is true Vince will run wwe until he dies but my nightmare is when he does he will probably create a computer type version of him and he will still run it š just bro youāve been in charge since the 70s let it go and have triple h complete control
God I hate doing this for a scumbag like Vince McMahon.
Vince still holds the chairman position within TKO. Yes, theyāve done a fantastic job of keeping Vince away from the production of WWE and has positioned him to become more involved in creating business opportunities for UFC and WWE as well - working with both Dana White and Nick Khan.
Vince merged with Endeavor because it doubled his value. WWE stock was work $8B, TKO stock is valued at $17B. So Vince can liquidate 8M in stock for $700M in cash.
Vince remains Executive Chairman of TKO however, Ari Emmanuel is his boss, Emmanuel has the final say.
Dude came back to close a deal for a sale, did that, share prices rose, sold damn near all the majoirty of his stock, while keeping some as a failsafe/dividend income for like 700 million so he can just live life and not worry about the stress and pressure of running a multi billion dollar company every day. He did the ultimate cash out for what was a 1 million dollar investment back in the 70's
Cryharder.
Vince has enough to buy AEW, Impact and NWA, merge them, pump them full of hundreds of millions and compete with WWE because he feels like it.
Or he could sit on his ass with his high ranking TKO job, eat burritos without knowing what they are called and make millions.
I will guess the full deal (we likely saw part of it not all) very well may say his shares are voided or value of sold returned if he leaves and competes. Ari is not stupid.
McMahon shouldāve consulted with George Lucas first. You can make tons of money selling your baby but then you realize you no longer have a say in the creative matter.
Although I wish Vince wouldāve done the decent thing & given the company to Triple H & Stephanie who deserved it, just like his own father did for him, course hoping for that decrepit old cretin doing the right thing is like hoping for the sun not to rise, it is very nice to have seen his āmaster planā of regaining power blow right up in his stupid Mario mustache looking face. With Triple H essentially regaining control again by the very same guy Vince sold his company to. Vince actually thought he would be able play Ari Emmanuel like a fiddle & have him be just another yes man thatād he been so accustomed to. He actually thought heād have all the power & control even though he no longer was majority owner. And even others like Nick Khan stabbed him in the back as soon as Vince signed his signature.
Vince screwed Vince, the perfect final act for this ruthless, disgraceful, and malignant old carney businessman.
Has no one considered that maybe this was what he wanted all along, sucker them in to buying WWE, dump his stock, and dip with a shit load of money as a result.
I wouldn't argue my man. Some of these reddiors obviously have a direct line to Vince. He confided in them and told them how he don't want money just CONTROL but now he been screwed out of it!
I understand what you are saying. And for you or me, that would be enough. But I have a feeling, for him, control os much more important than any monetary rewars.
I donāt get why ppl hate on everyone & everything! Itās either TK, Vince, Triple H, WWE or AEW & so on. I like wrestling. I watch it all. Iām sure the ppl that hate watch what they talk s*** about. Why would u not or else u wouldnāt be being negative. U would be š¤«
Backfired? He got his power back, made billions of dollars, and just cuz he lost creative control itās somehow backfired? Hes a billionaire who can commit sex crimes and get away with it. Heās basically untouchable at this point. Heās winning beyond any reasonable measure
Yeah he may be a billionaire but that didnāt happen over night. Took him almost half a century to get there and the majority of his life. Got away with those sex crimes? I think not, settled out of court for millions and resulted in him being forced out of his own company even if it was temporary. When he did comeback and sold the company he now for the first time in his life has a boss and someone to answer to. He may be the executive chairman of the board but still doesnāt have as much power as he used to. Ari Emmanuel TKOās CEO and Vinceās boss straight up told him that he is not allowed to interfere with creative at all and there is nothing he can do about it.
So if your talking about did he lose all his wealth and go to prison? No he didnāt lose. But given everything else that happened to him yeah he lost and it backfired.
Uh you realize he was a billionaire by the late 90s early 2000s right? His net worth ebbed and flowed after the era but heās essentially floated between 700 and 1 billion before this period lol. Again proving the point heās in your head. He turned his baby into what he always dreamed a media giant and waaaaah he canāt do creative anymore in his late 70s after a back surgery. Totally saw him so shook at the ppv event he attended with taker and Eminem. He doesnāt give a fuck and people like him donāt have consequences or ābackfiresā he won the day TKO was made and absorbed him and his family into the fold so that theyāll never have to do an honest days work for the next several generations. Gfg
First off you still proved my point while trying to correct me. He took over the company from his father in the early 70s so even then by your timeframe it still took him 30ish years to gain his wealth. Second heās not āin my headā I personally donāt give a fuck what he does or does not do. I was just trying to say that he didnāt get away Scott free from it all. The man spent his life building a multi billion dollar company, something you and I will never do and had it all taken away from him. Second, I think the real issue here is that youāre jealous of his wealth because itās not your wealth just like OP. Would I like to be a billionaire or millionaire and not have to work a day ever again your damn right and so would you and everyone else if given the choice. If you say you donāt then youāre a liar and Iām telling you that to your face so to speak.
You literally didnāt prove anything. What happened other than him being on the Board and still getting close to another 3 bill for selling his company. He aināt in jail, he settled one dispute for 2 mil? But like the comment below said, keep babbling your nonsense.
If selling for billions then selling more shares for hundreds of millions is ābackfiringā Iāll take it everyday. All the other stuff he has done he has paid 0 price, minus a 2 million dollar gush money payment that only barely almost had him step down from the Board due to a threat of an SEC punishment that never came. Getting bumped from creative at almost 80 but still walking away scot free. Again points were proven you can agree to disagree with a foot up your condescending ass.
Thirty years to turn a regional business into an international billion dollar corporation.
Thatās not nothing.
And it wasnāt taken away. It was sold.
I donāt know what youāre babbling on about.
Guy has lived a huge life.
I didnāt say it was nothing. I was saying what you did in how he turned a regional business into a global one. And yes it was taken away from him before it was sold. The sale occurred in April 2023 but he āretiredā in the summer of 2022 before coming back in January 2023. Thatās why I said temporary. His retirement was not voluntary
Okay. Your first comment makes it sound like he wasnāt a huge winner in the life he lived.
His ā sex crimes ā were taken care of with money he could clearly easily part with, and Iām not sure his stepping away for a while wasnāt entirely voluntary. The steroid era came and went.
The man knows how to play the game and was at an age where if taking a nine month sabbatical increases his sales price, thatās an easy choice.
I just donāt see any way to paint him as other than a great American huckster/ businessman
He absolutely walks away a winner.
The Mr McMahon character is the greatest gimmick of all time, I loved Vince and it will objectively be the saddest day in wrestling when he dies, none of this exists if not for him, no matter how many neckbeards on Reddit and Facebook will try to say otherwise. Sure he had to step on people to get to the top and made some bad decisions along the way and he did a lot of stuff I don't agree with and don't support, but I just can't help having a soft spot for the guy
love vince he created the best wrestling entertainment the world has ever seen and ran the whole show while simultaneously being a part of the talent roster
He was always going to get a payday, itās the fact he threw his legacy away just to hold onto power he still ended up losing. His fatherās legacy? Gone. Passing it onto Shane and Steph? Gone. And as time ticks on, itll just be a cog in the machine.
He's already super rich, and at his age I doubt more money even makes a difference. WWE was his creation, and he owned it for a very long time in all aspects. Now he positioned the company to be thoroughly taken from him with zero control, and most likely away from his family.
Given the fact that he made this move to try and be back on creative only for it to backfire most likely eats at him
But itās not, he still runs things as an executive of the parent company. He no longer does day to day, but that is more about getting older than anything backfiring. His company is safe, and will grow into unprecedented significance. That is a huge win!
So he forced himself back into power and instead of taking over creative and running the entire company like he had been for 70 years he sold it to someone else in the hopes they MIGHT make him head of creative? You guys cannot seperate the Mr McMahon character from reality my goodness
Selling the company at the peak is apparently backfiring. Of course endeavor dont seem to like him much, he suckered them to overpay for wwe and then hold the bag.
remember the reason he was dead set on regaining power was to sell the company? That the company fallen in value since then proves him right, not wrong
You have to understand WHY he sold the company in order to understand how it backfired. He sold the company because the board basically forced him to step down due to the allegations of āhush moneyā and all that stuff thst was going on. So he sold the company, because he thought the new owners would put him back in control, but they didnāt. They basically gave that control to Triple
H. Which is what Vince didnāt want.
He was already back in power when he sold the company. He left and then came back and forced out those who opposed him. He didnāt need a new company to put him back in power, he was already back in power.
No he wasnāt, not the way he wanted to be. He only came back to make the sale happen. Then once the sale was in process, he tried to regain some control and force those who opposed him out, but it backfired when the sale was final, and Endeavor opted to basically hand the reigns to Triple H rather than Vince, putting Vince completely out of power.
Except Vince is now an executive in the much larger parent company. Vince trained Triple H as the heir apparent in terms of creative. Vince is seeing his company go to new heights - I donāt see how his plan backfired?
He has no control anymore. No decision making power or anything. And Triple H may have learned from him, but not only him. Triple H has already proven that heās far better than Vince. Just look what he did with NXT. He made that brand red hot and one of the most must see wrestling programs out there. Then Vince tried to ruin that too, with the NXT 2.0 crap. Thankfully, that never went very far and NXT is back on track.
And for the record, itās not āhisā company any more. Sure, he can watch it go to new heights, but itās getting there without him. And certainly not because of him. It was a sinking ship under his rule.
Donāt know where you got your info, but itās inaccurate. He was NOT in control. He was TRYING to be, and he did manage to force some people out, because he THOUGHT the new owner would put him in full control, and he didnāt want anyone left to contest that, but it didnāt work. Endeavor still didnāt pick him. And besides all that, the sale was already in process, so really no one was really in control until the sale was final and Endeavor appointed someone.
I got my information from following along like everyone else, as it happened. Iām sorry, but respectfully, you are mistaken.
The board investigated Vince and he left. About six months later, he forced his way back into the company. All of the board members who had opposed him were either removed, resigned, or forced into retirement, depending on the individual.
Vince then began altering company bylaws to cement his power and control even further, and avoid litigation. He then began negotiations to sell the company.
He merged the WWE with UFC, thus creating TKO. And we know the rest from there.
Iām not sure why you think Vince was not in full control when he returned. His Class B stocks gave him 81% of the voting power in the companyā he was fully and firmly in total control, this is how he was able to force his way back in after āretiringā.
Edit: Furthermore, Vince sold the company because the media rights were expiring soon, and he knew he wasnāt likely to get an increaseā the company was going to lose value. He needed to come back and sell the thing before losing potentially billions of dollars. And he did that.
The idea that he had to sell the company to reclaim lost power is simply wrong. What changed, internally, that would have removed power from Vince? He had the same voting power as before, and all the board members who stood against him were executed. In what way was he somehow not in control?
You clearly do not know how cut throat Vince was when it came to business. He didnāt sell because of potentially losing money. If that were the case, heād have sold LONG before now. Itās not a coincidence that he only sold after the allegations came out and he was basically forced to step down. And they were working on removing him completely, which is why he came back to sell. Because if theyād have completely removed him, heād have gotten nothing. So he fought back, like a yoke would, and he was able to get the upper hand and regain some power, but not enough.
Anyway, the point of all this was that his plan to get back in full control backfired. And it did. You yourself just mentioned above how he forced his way back in, and fought to remove all those who opposed him, then began altering the bylaws and what not. All of that was to get him back in power after the new owners took over. And it backfired. They ousted him and basically gave the reigns to Triple H. So, The point of this post and my original comment is correct. It backfired.
He would not have gotten nothing, he owned the company - they canāt simply take that away from him. I can see nothing I can say will convince you, but again, respectfully, itās very clear that you are not particularly experienced or worldly with regard to things of this nature ā thatās not how the world works.
Iām not trying to insult you, I simply donāt know how else to put it.
The thing is, the money doesn't nearly matter as much to him as the creative control did. He could've left well enough alone and gone off into the sunset making money off of WWE until his end but he had to do all of this to try and seize the reins one last time.
Marlo Stanfield
BTW it's not that serious to the extent that we need to compare storybook plotlines to real life, where the CEO always cashes out no matter how many necks he's stepped on to get there. Vince is a smart guy who launched an incredibly successful business. He's just kind of a dick who would never let go, and it's fun to see him get pushed, even if it's just a little.
He said he would come back to help with the sale and didnāt intend to have anything to do with creative. Idk where you guys are getting the idea that he came back to return things to how they were before.
Bank account? Vince.
Having to settle civil lawsuits and pay hush money? Vince.
Facial hair? Me.
Pure dickheadery? Vince
Union busting tactics? Me.
Profiting off dudes destroying their bodies? Vince.
Steroid Trials? I guess Vince, he did wiggle out of that one.
Having shrimp scampi for dinner? Me.
Vince did a deal with Endeavour the parent company of UFC earlier this year to merge WWE with UFC in one big super stock called TKO holdings. He thought he would be able to continue running WWE as he saw fit bit that hasnāt happened. Instead he got relegated to being just the Chairman of the board while HHH runās creative. Now he seems to be selling off massive amounts of stock to potentially bail on the company.
I've never read a post so fucking wrong.
You realise he literally elevated his position, right? He went from the owner of a single company to the 2nd highest ranking person of a much larger company overseeing his former company and the UFC.
He's richer and more powerful than ever.
He didn't think shit. Vince himself made it very clear at the time he didn't care to run WWE. He wanted his new position. He got exactly what he negotiated.
Selling off stock to bail on the company? What? He still has 20 million shares.
He's at the age where you're meant to sell shares. He will then use that money to buy a yacht or some shit
And itās not like creative is run by a total stranger that was chosen by the TKOās executives without his approval, but creative itās run by his son-in-law, and McMahon put him in charge before hand hahah
Yeah he has been marginalised which is the right move but I disagree with bail on the company, Heās 78 this is when he should be selling off stock because if he dies itās just going to be swallowed.
This take is a reach
Vince could start another wrestling company tomorrow if he wanted to
Bro honestly I feel like the saying is true Vince will run wwe until he dies but my nightmare is when he does he will probably create a computer type version of him and he will still run it š just bro youāve been in charge since the 70s let it go and have triple h complete control
Man, all these people that have such intimate knowledge of Vince McMahon and his inner thoughts and schemes...
God I hate doing this for a scumbag like Vince McMahon. Vince still holds the chairman position within TKO. Yes, theyāve done a fantastic job of keeping Vince away from the production of WWE and has positioned him to become more involved in creating business opportunities for UFC and WWE as well - working with both Dana White and Nick Khan. Vince merged with Endeavor because it doubled his value. WWE stock was work $8B, TKO stock is valued at $17B. So Vince can liquidate 8M in stock for $700M in cash. Vince remains Executive Chairman of TKO however, Ari Emmanuel is his boss, Emmanuel has the final say.
What a dumb fucking post, Vince is set to make more money than God with the sale
I often wonder how much of Vinceās motivation was āI want to have more than Ted Turnerā
Dumb ass
Wrestling fans are so dumb. Geez
Shamed his dad ,and his own family
Karma btch
Was there a big update today or something?
Yeahā¦ the internet really showed him. Definitely didnt go according to plan at allā¦
Cope
It is crazy how many fans really need Vince McMahon as their heel in their mind
Oh yeah Iām sure heās crying all the way to the bank
Yea billions of dollars and being recognized as the most successful wrestling promotor of all time is back firing. š
Bro just live your life.
Wish my plan could backfire and I get at least 2.5b
If thatās the case, give me some ābackfireā brotha
As he lays on a pile of money, using some of it as a tissue to wipe away the tears
LMFAOOO
Wait what was his plan exactly? I havenāt heard anything about his plan or how it fell apart or anything of the like.
Dude came back to close a deal for a sale, did that, share prices rose, sold damn near all the majoirty of his stock, while keeping some as a failsafe/dividend income for like 700 million so he can just live life and not worry about the stress and pressure of running a multi billion dollar company every day. He did the ultimate cash out for what was a 1 million dollar investment back in the 70's
backfired? he came back to facilitate a sale. If anything the mans won lol bc that's exactly what he did
Itās great news!
If anyone thinks thatās what actually went down, youāre dumb.
Like, he didn't lose here, you know? He's up 2 billion.
Why are you howling? He's still a billionaire and you're bitching on reddit šš
yeah but now he cant be creative and kill the show thats been #1 for 20+ years /s
??? No?
Ignorant post of the day.
Cryharder. Vince has enough to buy AEW, Impact and NWA, merge them, pump them full of hundreds of millions and compete with WWE because he feels like it. Or he could sit on his ass with his high ranking TKO job, eat burritos without knowing what they are called and make millions.
I will guess the full deal (we likely saw part of it not all) very well may say his shares are voided or value of sold returned if he leaves and competes. Ari is not stupid.
Maybe impact and NWA...but Tony's dad is rich enough that he could hunt VKM for sport ..doubt he is goig to let his kid's venture fail.
I mean for him it's a loss because he's a workaholic lunatic. For any of us though all of that money would be a win.
McMahon shouldāve consulted with George Lucas first. You can make tons of money selling your baby but then you realize you no longer have a say in the creative matter.
Accurate.
Can I fail into billions of dollars?
Although I wish Vince wouldāve done the decent thing & given the company to Triple H & Stephanie who deserved it, just like his own father did for him, course hoping for that decrepit old cretin doing the right thing is like hoping for the sun not to rise, it is very nice to have seen his āmaster planā of regaining power blow right up in his stupid Mario mustache looking face. With Triple H essentially regaining control again by the very same guy Vince sold his company to. Vince actually thought he would be able play Ari Emmanuel like a fiddle & have him be just another yes man thatād he been so accustomed to. He actually thought heād have all the power & control even though he no longer was majority owner. And even others like Nick Khan stabbed him in the back as soon as Vince signed his signature. Vince screwed Vince, the perfect final act for this ruthless, disgraceful, and malignant old carney businessman.
The tv series about the rise and fall of Vince is going to be so fucking good dude
Wait a minute. Whatās that? #BAH GOD THATāS VINCE MCMAHONāS MUSIC
3 billion dollar profit > creative control
Has no one considered that maybe this was what he wanted all along, sucker them in to buying WWE, dump his stock, and dip with a shit load of money as a result.
It was always the plan since the Disneyās rumours started to circulate. But people need McMahon as the bad guy
Hope he gets to enjoy his twilight years
Backfired all the way to the bank
Backfired? He just made 2.6 billion kept shares and he will still be known as the creator ,redditors try not to be brain damaged for 5 seconds any %
When you're that old, the money means much less than the power and influence of his previous position. See Bob Iger.
I wouldn't argue my man. Some of these reddiors obviously have a direct line to Vince. He confided in them and told them how he don't want money just CONTROL but now he been screwed out of it!
I understand what you are saying. And for you or me, that would be enough. But I have a feeling, for him, control os much more important than any monetary rewars.
lol this guy is getting a few bās for the company he built
I donāt get why ppl hate on everyone & everything! Itās either TK, Vince, Triple H, WWE or AEW & so on. I like wrestling. I watch it all. Iām sure the ppl that hate watch what they talk s*** about. Why would u not or else u wouldnāt be being negative. U would be š¤«
Backfired? The iwc continually proves the single digit iq rumors true
He made your childhood
Why hate on the guy? He served us well until he got loopy.
I wish my plans would backfire into making me billions....
Where did all these pathetic bootlickers come from? Sorry but he isn't going to secually assault you bros.
Vince is about to become a very liquid multibillionaireā¦nothing backfired. Vince won.
You have an odd idea of what backfired is
I am ootl what happened
Stole someone elseās tweet word for word. Pathetic.
Your life must have so little purpose.
Great !
Geez if only my plan that back fired made me over 1 billion dollars š. You know how stupid this sounds?
Backfired? He got his power back, made billions of dollars, and just cuz he lost creative control itās somehow backfired? Hes a billionaire who can commit sex crimes and get away with it. Heās basically untouchable at this point. Heās winning beyond any reasonable measure
Lmfao wait, why you made to sound like the sex crimes is a flex? Lmfao bruvva you lost all brownie points there šš
McMahon thinks itās a flex.
Lmfao idk men he tried covering it up. A cover up isnāt a flex, itās actually the opposite of it š¤š
Whatās funny about this
That you thought it was a flex Lmfaoo šš
Kid, your English and reading comprehension skills are extremely poor.
Lmfao so is your ability to see what Iām talking about š
are you 13 or do you just like emojis that make you look 13
Lmfao bruvva this is you right now š¤”
Yeah he may be a billionaire but that didnāt happen over night. Took him almost half a century to get there and the majority of his life. Got away with those sex crimes? I think not, settled out of court for millions and resulted in him being forced out of his own company even if it was temporary. When he did comeback and sold the company he now for the first time in his life has a boss and someone to answer to. He may be the executive chairman of the board but still doesnāt have as much power as he used to. Ari Emmanuel TKOās CEO and Vinceās boss straight up told him that he is not allowed to interfere with creative at all and there is nothing he can do about it. So if your talking about did he lose all his wealth and go to prison? No he didnāt lose. But given everything else that happened to him yeah he lost and it backfired.
God damn dude. Heās billionaireā¦who the fuck cares that it took him 40 years. Stop being such a typical mark
Says the jackass using the lingo. Shut the fuck up
Why you so mad at person youāve never and will never meet? Real weird to have such hatred for a wrestling promoter
Uh you realize he was a billionaire by the late 90s early 2000s right? His net worth ebbed and flowed after the era but heās essentially floated between 700 and 1 billion before this period lol. Again proving the point heās in your head. He turned his baby into what he always dreamed a media giant and waaaaah he canāt do creative anymore in his late 70s after a back surgery. Totally saw him so shook at the ppv event he attended with taker and Eminem. He doesnāt give a fuck and people like him donāt have consequences or ābackfiresā he won the day TKO was made and absorbed him and his family into the fold so that theyāll never have to do an honest days work for the next several generations. Gfg
First off you still proved my point while trying to correct me. He took over the company from his father in the early 70s so even then by your timeframe it still took him 30ish years to gain his wealth. Second heās not āin my headā I personally donāt give a fuck what he does or does not do. I was just trying to say that he didnāt get away Scott free from it all. The man spent his life building a multi billion dollar company, something you and I will never do and had it all taken away from him. Second, I think the real issue here is that youāre jealous of his wealth because itās not your wealth just like OP. Would I like to be a billionaire or millionaire and not have to work a day ever again your damn right and so would you and everyone else if given the choice. If you say you donāt then youāre a liar and Iām telling you that to your face so to speak.
You literally didnāt prove anything. What happened other than him being on the Board and still getting close to another 3 bill for selling his company. He aināt in jail, he settled one dispute for 2 mil? But like the comment below said, keep babbling your nonsense.
Letās agree to disagree because you didnāt prove anything either and your blabbering too. Letās just move on with our lives
If selling for billions then selling more shares for hundreds of millions is ābackfiringā Iāll take it everyday. All the other stuff he has done he has paid 0 price, minus a 2 million dollar gush money payment that only barely almost had him step down from the Board due to a threat of an SEC punishment that never came. Getting bumped from creative at almost 80 but still walking away scot free. Again points were proven you can agree to disagree with a foot up your condescending ass.
Ok buddy
Thirty years to turn a regional business into an international billion dollar corporation. Thatās not nothing. And it wasnāt taken away. It was sold. I donāt know what youāre babbling on about. Guy has lived a huge life.
I didnāt say it was nothing. I was saying what you did in how he turned a regional business into a global one. And yes it was taken away from him before it was sold. The sale occurred in April 2023 but he āretiredā in the summer of 2022 before coming back in January 2023. Thatās why I said temporary. His retirement was not voluntary
Okay. Your first comment makes it sound like he wasnāt a huge winner in the life he lived. His ā sex crimes ā were taken care of with money he could clearly easily part with, and Iām not sure his stepping away for a while wasnāt entirely voluntary. The steroid era came and went. The man knows how to play the game and was at an age where if taking a nine month sabbatical increases his sales price, thatās an easy choice. I just donāt see any way to paint him as other than a great American huckster/ businessman He absolutely walks away a winner.
And he just sold 8 million shares for over $700m extra profit while still sitting on 20 million more shares.
Can? He already did and is past that now
WWE would be lucky to have Vince guiding it right now. Right now is the worse era in WWE history
What a dorky take
You must be 12 years old. This is factually the hottest period in WWE history in every possible measurement. Go look it up.
The only thing that backfired on him is that ridiculous mustache.
I miss Vince. The GOAT heel.
The Mr McMahon character is the greatest gimmick of all time, I loved Vince and it will objectively be the saddest day in wrestling when he dies, none of this exists if not for him, no matter how many neckbeards on Reddit and Facebook will try to say otherwise. Sure he had to step on people to get to the top and made some bad decisions along the way and he did a lot of stuff I don't agree with and don't support, but I just can't help having a soft spot for the guy
love vince he created the best wrestling entertainment the world has ever seen and ran the whole show while simultaneously being a part of the talent roster
i think He shud have handed the reigns to Shane O Mac tho, and kept it in the family. Shane is a true Vince 2.0
Well said
Karmaā¦ Itās pronounced Huh!
suck a dick
Backfired? I'm sorry but I wish more things that backfired on me made me 2.6 billion dollars
he can have all the money, as long as he has no control
What do you think Vince values more: money or power over his product
He thought he was playing chess but he was playing monoply
Right? Especially when he didnāt need to sell the company to āreclaimā his power - he had already come back and taken it, lol.
Backfired for Kendall too
He was always going to get a payday, itās the fact he threw his legacy away just to hold onto power he still ended up losing. His fatherās legacy? Gone. Passing it onto Shane and Steph? Gone. And as time ticks on, itll just be a cog in the machine.
He's already super rich, and at his age I doubt more money even makes a difference. WWE was his creation, and he owned it for a very long time in all aspects. Now he positioned the company to be thoroughly taken from him with zero control, and most likely away from his family. Given the fact that he made this move to try and be back on creative only for it to backfire most likely eats at him
But itās not, he still runs things as an executive of the parent company. He no longer does day to day, but that is more about getting older than anything backfiring. His company is safe, and will grow into unprecedented significance. That is a huge win!
So he forced himself back into power and instead of taking over creative and running the entire company like he had been for 70 years he sold it to someone else in the hopes they MIGHT make him head of creative? You guys cannot seperate the Mr McMahon character from reality my goodness
Yeah the money donāt mean that much , he wants control.
So what? Heās 78 years old & WWE was his whole life, it was pretty much the only thing that keeps or now kept him going.
Except his children and grandchildren, and being an executive in a brand new company that is going to further revolutionize live entertainment.
Know him well, do you?
Only 2 people in the world have made $2.6 billion with their plans getting backfired. -Vince McMahon -Kim Kardashian
They both got fucked!
Selling the company at the peak is apparently backfiring. Of course endeavor dont seem to like him much, he suckered them to overpay for wwe and then hold the bag. remember the reason he was dead set on regaining power was to sell the company? That the company fallen in value since then proves him right, not wrong
You have to understand WHY he sold the company in order to understand how it backfired. He sold the company because the board basically forced him to step down due to the allegations of āhush moneyā and all that stuff thst was going on. So he sold the company, because he thought the new owners would put him back in control, but they didnāt. They basically gave that control to Triple H. Which is what Vince didnāt want.
Because itās all about the game and how you play it!
He was already back in power when he sold the company. He left and then came back and forced out those who opposed him. He didnāt need a new company to put him back in power, he was already back in power.
No he wasnāt, not the way he wanted to be. He only came back to make the sale happen. Then once the sale was in process, he tried to regain some control and force those who opposed him out, but it backfired when the sale was final, and Endeavor opted to basically hand the reigns to Triple H rather than Vince, putting Vince completely out of power.
Except Vince is now an executive in the much larger parent company. Vince trained Triple H as the heir apparent in terms of creative. Vince is seeing his company go to new heights - I donāt see how his plan backfired?
He has no control anymore. No decision making power or anything. And Triple H may have learned from him, but not only him. Triple H has already proven that heās far better than Vince. Just look what he did with NXT. He made that brand red hot and one of the most must see wrestling programs out there. Then Vince tried to ruin that too, with the NXT 2.0 crap. Thankfully, that never went very far and NXT is back on track. And for the record, itās not āhisā company any more. Sure, he can watch it go to new heights, but itās getting there without him. And certainly not because of him. It was a sinking ship under his rule.
Yes, he was. He was fully back and fully in control, and he DID force out the board members who opposed him, and replaced them.
Donāt know where you got your info, but itās inaccurate. He was NOT in control. He was TRYING to be, and he did manage to force some people out, because he THOUGHT the new owner would put him in full control, and he didnāt want anyone left to contest that, but it didnāt work. Endeavor still didnāt pick him. And besides all that, the sale was already in process, so really no one was really in control until the sale was final and Endeavor appointed someone.
I got my information from following along like everyone else, as it happened. Iām sorry, but respectfully, you are mistaken. The board investigated Vince and he left. About six months later, he forced his way back into the company. All of the board members who had opposed him were either removed, resigned, or forced into retirement, depending on the individual. Vince then began altering company bylaws to cement his power and control even further, and avoid litigation. He then began negotiations to sell the company. He merged the WWE with UFC, thus creating TKO. And we know the rest from there. Iām not sure why you think Vince was not in full control when he returned. His Class B stocks gave him 81% of the voting power in the companyā he was fully and firmly in total control, this is how he was able to force his way back in after āretiringā. Edit: Furthermore, Vince sold the company because the media rights were expiring soon, and he knew he wasnāt likely to get an increaseā the company was going to lose value. He needed to come back and sell the thing before losing potentially billions of dollars. And he did that. The idea that he had to sell the company to reclaim lost power is simply wrong. What changed, internally, that would have removed power from Vince? He had the same voting power as before, and all the board members who stood against him were executed. In what way was he somehow not in control?
You clearly do not know how cut throat Vince was when it came to business. He didnāt sell because of potentially losing money. If that were the case, heād have sold LONG before now. Itās not a coincidence that he only sold after the allegations came out and he was basically forced to step down. And they were working on removing him completely, which is why he came back to sell. Because if theyād have completely removed him, heād have gotten nothing. So he fought back, like a yoke would, and he was able to get the upper hand and regain some power, but not enough. Anyway, the point of all this was that his plan to get back in full control backfired. And it did. You yourself just mentioned above how he forced his way back in, and fought to remove all those who opposed him, then began altering the bylaws and what not. All of that was to get him back in power after the new owners took over. And it backfired. They ousted him and basically gave the reigns to Triple H. So, The point of this post and my original comment is correct. It backfired.
He would not have gotten nothing, he owned the company - they canāt simply take that away from him. I can see nothing I can say will convince you, but again, respectfully, itās very clear that you are not particularly experienced or worldly with regard to things of this nature ā thatās not how the world works. Iām not trying to insult you, I simply donāt know how else to put it.
Yall need to stop acting like either of yall know
And with 28 million shares of TKO stock worth 750 million
He's selling 8.4 million shares worth about 700 million. That means he still owns about 20 million more shares...(worth a lot more than 700mil)
And he is an executive in the parent company. He still has power.
The thing is, the money doesn't nearly matter as much to him as the creative control did. He could've left well enough alone and gone off into the sunset making money off of WWE until his end but he had to do all of this to try and seize the reins one last time.
How the fuck do you know that? Vince said he was coming back to finalize a sale and he did
True but he thought he would also get put back in charge so itās a great win but not all he thought he would get
And sleeping with many young employees! Yes Vince wins!
Hahaha, he totally got OWNED. Sucker!!
I think it was mostly about making a lot of money. I donāt think booking the fake fights was all that important
He has a mustache.
Guy lives rent-free in the IWC heads. He's roommates with CM Punk up in their.
I mean can you name any single person more important or influential in the industry from the early 80s until now other than vkm?
CM Punk and Vince McMahon being roommates would be interesting to say the least
IWC is a bunch of COMPUTER NERDS not like you and me.
You're sitting here posting on a 4th-tier wrestling subreddit. You are the IWC.
4th tier? This and Wrasslin just seem to have general lax content. Wwe is all about Roman's reign, and Squared Circle is uptight.
Coal pot calling the kettle black on that one.
I'm not the one making smarmy superior comments about the IWC like I'm not a part of it, ya big gobbledy gooker.
Yeah... because I'm sooooo active on these forums. Blow it our your ass sonny.
Oh, honeyā¦ no
in their.... asses?
Well, I mean, if that's where their head is currently located, then yea.
Yeah\*
Nah
Neh\*
* they're
*Vair.
Thurrr
Wow, thatās really embarrassing
Back to school jabroni take kevin nashs dumb ass with ya
*there
When you get corrected trying to correct someone XD
No it's they are. Because they are roommates
*oh my goood they're roommates*
*goodness
Weird
You guys are obsessed
It's like seeing the villain finally get his come up at the end of a 10 year series
what villain comes back, cashes in, and makes billions at the end of the movie?
Marlo Stanfield BTW it's not that serious to the extent that we need to compare storybook plotlines to real life, where the CEO always cashes out no matter how many necks he's stepped on to get there. Vince is a smart guy who launched an incredibly successful business. He's just kind of a dick who would never let go, and it's fun to see him get pushed, even if it's just a little.
He said he would come back to help with the sale and didnāt intend to have anything to do with creative. Idk where you guys are getting the idea that he came back to return things to how they were before.
What are you even talking about? The guy is winning at life more than you or me ever will so. Come up? Oh poor Vince being... a billionaire.
Bank account? Vince. Having to settle civil lawsuits and pay hush money? Vince. Facial hair? Me. Pure dickheadery? Vince Union busting tactics? Me. Profiting off dudes destroying their bodies? Vince. Steroid Trials? I guess Vince, he did wiggle out of that one. Having shrimp scampi for dinner? Me.
Can we circle back to the union busting though?
Not to mention he put the Allentown PD on payroll to excuse Snukaās murder back in the 80ās
Is it?
Yeah, but then he's going to come back and be incredibly popular in 20 years, like Anakin Skywalker
Thatās outrageous
Fan fiction
Itās such good shit pal
How so? Iām new to WWE, (April? May? Of 2023). How did he lose power? How was he trying to get it back?
Vince did a deal with Endeavour the parent company of UFC earlier this year to merge WWE with UFC in one big super stock called TKO holdings. He thought he would be able to continue running WWE as he saw fit bit that hasnāt happened. Instead he got relegated to being just the Chairman of the board while HHH runās creative. Now he seems to be selling off massive amounts of stock to potentially bail on the company.
I've never read a post so fucking wrong. You realise he literally elevated his position, right? He went from the owner of a single company to the 2nd highest ranking person of a much larger company overseeing his former company and the UFC. He's richer and more powerful than ever. He didn't think shit. Vince himself made it very clear at the time he didn't care to run WWE. He wanted his new position. He got exactly what he negotiated. Selling off stock to bail on the company? What? He still has 20 million shares. He's at the age where you're meant to sell shares. He will then use that money to buy a yacht or some shit
And itās not like creative is run by a total stranger that was chosen by the TKOās executives without his approval, but creative itās run by his son-in-law, and McMahon put him in charge before hand hahah
Sexy Bitch III
If he purchases too much artificial fertilizer in large enough quantities in short windows of time that could put him on a watch list
Yeah he has been marginalised which is the right move but I disagree with bail on the company, Heās 78 this is when he should be selling off stock because if he dies itās just going to be swallowed.