WWE President and CEO Vince McMahon speaks on the WWE Network Announcement Press Conference on the 2014 International CES in Las Vegas.
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All Elite Wrestling, a skilled wrestling league owned by the Khan family, is interested in a merger Worldwide wrestling entertainmentin response to people familiar with the matter.
The Khans, who also own the Jacksonville Jaguars of the National Football League and Premier League FC Fulham, could partner with a strategic media company to share mental property as wrestling leagues merge, said individuals who asked to stay anonymous since the discussions are private. AEW has a TV rights deal Discovery Warner BrosTNT and TBS.
The concept of Vince McMahon, WWE’s controlling shareholder, merging his company with the much smaller AEW is spot on. AEW has not spoken to McMahon or Nick Khan, the corporate’s chief executive, people said. McMahon may even see the sale to Khans as something that may not startup.
The Chans are open to discussing a potential role for the 77-year-old McMahon after the sale, but haven’t yet held such talks, one in every of the people said. It’s unclear what type of job McMahon would really like to have in WWE after the sale, but WWE is a much larger and more established organization than AEW. McMahon who was value over $3 billion in Julyhe is also referred to as the first creative force behind WWE’s storylines.
Sports tycoon Shahid Khan, 72, ranks 292 on the Bloomberg Billionaire Index with a net value of $7.56 billion. He is also the owner of an auto parts manufacturer Flex-N-Gate.
Shahid Khan, recent owner of the Jacksonville Jaguars.
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