The inevitable has happened as all WWE fans knew that one day Vince McMahon would be back in the company as he is the majority shareholder in WWE and therefore it is not a surprise that he is back in the WWE Board of Directors. And with him coming back naturally the fans have a lot of questions as to how this will impact the day to day operations of WWE. Vince McMahon did not come back alone as Michelle Wilson and George Barrios were also back in the Board.
The other important development from this story is that Vince McMahon as the controlling shareholder has removed JoEllen Lyons Dillion, Jeffrey R Speed and Alan M Wexler. Therefore the current WWE Board of Directors are as follows:
Vince McMahon
Stephanie McMahon
Nick Khan
Paul Levesque
Steve Koonin
Michelle McKenna
Steve Pamon
Michelle Wilson
George Barrios
And Ignace Lahoud and Man Jit Singh have resigned from the WWE Board of Directors effective immediately. So, let’s talk about the implications of this development below
Vince is back in control
The first implication is that Vince McMahon is back in control as far as the Board of Directors goes. No big decisions about media rights or a sale will be taken without his consent. Vince McMahon is once again in WWE and this time there is no need for the WWE superstars to worry as he is only back to oversee the financial side of things. This was always on the cards because Vince McMahon was the controlling shareholder and he could come back anytime to the board.
Also Read | Should Vince McMahon be in the WWE Hall of Fame
The WWE Creative will not be impacted
This is the biggest positive news that has come out of the development as Vince McMahon has clearly said that WWE has an exceptional management team in place and he does not want his return to impact their roles, duties and responsibilities in any way and in the meeting held by WWE for the employees yesterday it was reiterated that Triple H, Stephanie McMahon and Nick Khan will run the day to day business of WWE. Therefore this is good news for everyone around.
The WWE Stock is rising
One of the biggest gainers of this move was the stock price of WWE as it increased by 22% and by 17 dollars as Vince McMahon was back and the talks about a potential sale were discussed although that is far far away but the investors are happy that Vince talked about this in his statement. And if the stock continues to rise even with Vince McMahon back then it will be a win win situation for everyone involved. Therefore the people who are upset on Twitter with Vince McMahon returning should know about his business works.
Also Read: Should Vince McMahon come back to WWE?
