AEW has curiosity in merging with WWE
WWE Chairman and CEO Vince McMahon speaks at a information convention asserting the WWE Community on the 2014 Worldwide CES in Las Vegas.
All Elite Wrestling, an expert wrestling league owned by the Khan household, is involved in merging with World Wrestling Entertainmentin line with folks conversant in the matter.
The Khans, who additionally personal the Nationwide Soccer League’s Jacksonville Jaguars and the Premier League’s Fulham F.C.might associate with a strategic media firm to share the mental property whereas merging the wrestling leagues, mentioned the folks, who requested to not be named as a result of the discussions are non-public. AEW has a TV carriage rights settlement with Warner Bros. Discovery‘s TNT and TBS.
The concept that Vince McMahon, the controlling shareholder of WWE, would merge his firm with the a lot smaller AEW is an extended shot. AEW hasn’t had talks with McMahon or Nick Khan, the corporate’s chief govt, mentioned the folks. McMahon might view promoting to the Khans as a non-starter.
The Khans are open to discussing a possible function for McMahon, 77, after a sale however have not but had these talks, one of many folks mentioned. It is unclear what sort of job McMahon would need with WWE after a sale, however WWE is a a lot bigger and extra established group than AEW. McMahon, who was worth more than $3 billion as of Julyis also referred to as the first artistic pressure behind WWE’s storylines.
Sports activities tycoon Shahid Khan, 72, is ranked 292 on the Bloomberg Billionaires Index with a net worth of $7.56 billion. He additionally owns auto elements producer Flex-N-Gate.
Shahid Khan, the brand new proprietor of the Jacksonville Jaguars.
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