They’re Not Happy: Endeavor CEO Partially Blames Vince McMahon For TKO Group’s Stock Slide

That’s a shot. Earlier this year, WWE was officially sold to Endeavor and everything about the company has changed. For the first time in about forty years, Vince McMahon is no longer in charge of WWE and now the question is what that means for him. For the first time though, McMahon’s new boss has had something to say about him that is a bit less than positive.

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According to Wrestlingnews.co, Endeavor and TKO CEO Ari Emanuel was interviewed at Bloomberg’s Screentime conference earlier this month and was asked about the TKO Group’s stock value going down. Emanuel blamed three factors, including Vince McMahon being part of the deal for the company to purchase WWE.

Emanuel cited McMahon’s deal being able to sell his stock in the company at any time, which would not be seen as a popular option. In addition, Emanuel blamed Monday Night Raw not likely being renewed by NBC Universal and Saudi Arabia investing in the Professional Fight League mixed martial arts organization. McMahon has not responded to the statement.

McMahon has caused some problems for WWE before. Check out some of his time in the company:

Opinion: It is still hard to get my head around the idea that McMahon is no longer in full control of WWE but this is a very different reality. Someone blaming McMahon for pretty much anything in WWE over the years would be almost hard to fathom but here we are. I’m not sure how annoyed McMahon will be made by such a statement, though there is no way to take it back from here and that changes a lot of things.

What do you think of Emanuel’s statement? Will this cause issues for McMahon in the new company? 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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