>>8908528CEO Nick Khan’s assurances that founder Vince McMahon may accept a transaction that pushes him out of the company, may soothe some investors but his words are carefully chosen.
“He’s one hundred percent open to a transaction where he’s not included in the company moving forward,” Khan said Friday on CNBC.
The idea that Vince would put shareholder interests first sounds reasonable on its face. After all, he is the largest shareholder. He holds around $2.5 billion worth of WWE stock, probably the majority of his personal wealth.
But my belief is that Vince values power within the organization he controlled for decades more than any dollar amount. If he truly cared more about shareholder interests, it would’ve been wiser to not force his way back onto the board as executive chairman, against the wishes of the directors. WWE was a more attractive asset in late 2022 when it was more removed from Vince’s aura of scandal and unpredictable influence. If getting the best deal was the greater concern for him, he could have participated as a shareholder only.
>VDS even in this 
