That’s a lot. There have been all kinds of changes taking place in WWE and they have left the company in something of a weird place. The leadership has changed in a big way, with Vince McMahon completely out of the equation. The new power structure has done rather well so far, though one of the most important people in the company is making quite the change of his own.
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TKO Group Holdings, the WWE’s parent company, has filed a report with the SEC, announcing that WWE President Nick Khan is selling the majority of his stock in the company. According to Sportico, Khan is selling all of his stock, including restricted stock units. The shares were listed for sale in September, though they have yet to sell. As of now, there is nothing to indicate that Khan is leaving WWE.
WWE has been doing well lately. Check out what they have been up to:
Opinion: This is the kind of situation where we are going to have to wait and see what is going to happen. Khan getting away from his stock is certainly interesting as it would make sense for a company’s President to have some kind of an ownership stake. Maybe he is leaving or maybe he has something else going on, but right now it is hard to say what is taking place and we just have to wait.
What do you think of Khan’s move? What could this mean for WWE? Let us know in the comments below.
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You can find more from Thomas Hall at kbwrestlingreviews.com, or check out his- Amazon author page with 30 wrestling books.
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