“I stand by my prior statement that Ms. Grant’s lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth. I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name. However, out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today, I have decided to resign from my executive chairmanship and the TKO board of directors, effectively immediately."

Edit: Nick Khan statement to Employees:

“I wanted to inform you that Vince McMahon has tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors. He will no longer have a role with TKO Group Holdings or WWE.”

  • csm10495@sh.itjust.works
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    5 months ago

    Let the door close and keep this sick man out.

    If even a small percentage of the things in the suit are true, he deserves to rot.

    I think a lot of it probably is true though. Happy to know he can’t easily sneak back in again.

    • JelloBrains@kbin.socialOP
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      5 months ago

      Honestly, I have a hard time believing he walked away, I think it was more likely a “you either leave, or we make you leave” situation. Vince was able to force his way back into the WWE because he owned about 80% of its voting power, with TKO he only has like 10-15% of the voting power and wouldn’t be able to stop himself from being fired.

  • The dogspaw @midwest.social
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    5 months ago

    Never thought vince would be fire by wwe should have never sold if you couldn’t keep from being a sick psychopath

  • GeekFTW@kbin.social
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    5 months ago

    On the plus side after the last 48h’s events, if what I just finished creating a minute ago doesn’t win me this coming weeks Meme Monday then I don’t know what will

  • katy ✨@lemmy.blahaj.zone
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    5 months ago

    now it’s your turn to go triple h and nick khan for covering up the damn investigation in the first place just to sell the company

    • GoodandPlenty@lemmy.world
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      5 months ago
      1. HHH and Kahn voted McMahon out, which would seem to indicate they were trying to deal with this well before now.

      2. They aren’t named in the suit, so maybe we shouldn’t be crucifying them until an independent investigation occurs?

      3. Why does it seem like some people are focusing more on hoping WWE shuts down over this than on the actual victim, and potential others. This entire situation is gross.

      • JelloBrains@kbin.socialOP
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        5 months ago

        They aren’t named in the suit, so maybe we shouldn’t be crucifying them until an independent investigation occurs?

        I agree they aren’t named so you can’t know. Yet… on page 8 of the lawsuit, it claims Corporate Officers 01, 02, and 03 knew who she was and why she was there. Now I can’t claim to know who those officers are, nor will I ever do so. Most of the talk of Corporate officers I believe is between pages 47-50 if you want to read it, but it mostly states they knew who she was and why Vince hired her and then they turned a blind eye to what was happening. She alludes to Stephanie running a sham investigation into Vince’s original stepping down, but the guy who oversaw that and left the board shortly after it concluded says that’s a lie.

        Now, I’m not saying the lawsuit is right, it very well could be full of lies, and that’s for the court to decide. I’m just going to speak a bit on one thing I disagree with her on though. I’ve worked in places where I knew who people were, heard rumors of how they got their jobs, and ultimately “knew” them in that way before meeting them, for her to claim there is no way that a high-level corporate employee would know who she is I think is wrong.

        I am also not a believer in the “they had to have known” mentality, pedo Priests and teachers, serial killers, regular everyday murderers, and school shooters, it’s scary but there are so many stories about how they were these good nice neighbors or friends until they weren’t or the stories come out.

        So where I hesitate is that they may have known he was in a sexual relationship with her, while still possibly they didn’t know about the abuses.

        I’m also of the belief they all tried to stop him from ever being in the company again, where he had to override them and use his stock to take back control. Stephanie resigned shortly before the original WSJ article, only came back once he was kicked out, and then immediately resigned again when he forced his way back in, that tells me a lot about who may have leaked the story to the WSJ to begin with. But, that’s all conjecture.

        So while it’s possible they knew, I also think it’s possible they didn’t know assuming the lawsuit is factual and they aren’t executives 1-3.

        I just hope the Feds are still investigating and are getting a lot of use from this lawsuit to charge the bastards if they did it.

        Why does it seem like some people are focusing more on hoping WWE shuts down over this than on the actual victim, and potential others. This entire situation is gross.

        Tribalism is strong on the internet, especially for some reason with wrestling companies, I guess because it’s the closest thing we have to teams. When it came out that WWE met with Warner about RAW people were coming out of the woodwork on the internet hoping it would drive AEW off TV, which would effectively kill them, it’s bonkers crazy how some wrestling fans want only their brand to be around.

        • GoodandPlenty@lemmy.world
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          5 months ago

          I agree with your earlier points but wanted to address this one specifically…

          Tribalism is strong on the internet, especially for some reason with wrestling companies, I guess because it’s the closest thing we have to teams. When it came out that WWE met with Warner about RAW people were coming out of the woodwork on the internet hoping it would drive AEW off TV, which would effectively kill them, it’s bonkers crazy how some wrestling fans want only their brand to be around.

          Tribalism amongst wrestling fans has been going on as far back as the Usenet days, as I can definitely recall a WCW vs. WWF/E vibe back in the day. I was always happy to avoid it, and had the luxury of being able to watch both Raw and then Nitro every Monday here in Canada. I’ve always thought the idea of wanting one company or the other to fail is just ridiculous, as you’re then actively hoping for people to lose their livelihood’s.

          Is wrestling tribalism the worst? I could only imagine how bad Star Wars “fans” would be if they had different brands to root for or against, though I suppose the prequel vs. OG vs. sequel crowds must exist somewhere on the web.

          • GeekFTW@kbin.social
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            5 months ago

            though I suppose the prequel vs. OG vs. sequel crowds must exist somewhere on the web.

            Everywhere you can find a Star Wars fan, basically.

            Source: Star Wars fan lol