A bunch of news sites are reporting that Vince McMahon is selling to a Saudi private investment firm making more money than God, it returning back to a private company, Thusly offering more money and incentives to talent contracts amongst other things. This will also lead to a power grab by McMahon to take the reins of creative again.
If these rumors are true, this is possibly the reason why Stephanie McMahon resigned. I am certain that there will be mass layoffs coming soon for the wrestlers and creatives that Triple H hired back to the company. People that Vince doesn't see value in.
I'm also sure that Triple H, William Regal and the newly appointed head of continuity Rob Fee will see either their roles diminished or be let go all together as well.
It will also lead to an exodus of one of their most popular characters right now, Sami Zayn. (who is of Syrian descent).
It might also lead to their stacked women's roster being depleted and every lgbtq person within the company either being fired or let go.
Just note this is just speculation on my part due to the fact about how the Saudis treat women and homosexuals. However, thanks to a Twitter follower of mine (Alex Morrison) I understand the ins and outs of how these investment firms work. They own many soccer teams in the UK, including women's league, which are thriving financially and they are paying the players well. I thank Alex for his insight into these side of things.
I hope that this is just a private investment firm that won't have any influence on the company itself. But I, personally, highly doubt it.
It's strange that a company that was so "pro American" especially during the Hogan years with the "giant foreign heel" rising against America and "Hulkamania" will come to a deal with such a ruthless organization. Heck, they are so "USA" that they often fundraise for certain orange-tinted Buffoon's that claim to be for "America First".
Another odd thing, and a fact about Vincent Kennedy McMahon, is that he created the character of "The Million Dollar Man" to be a send-up. He was taking the piss out of rich people because he detested so much how they acted and flaunted their wealth and means. How money changes people's perspective through age and time is equally interesting and disturbing. " Greed is good", I guess.
In the end it's all about the dollars and it doesn't have to make sense. They've had pay-per-view events for the Saudi Prince for multiple years now. In a way I'm not really surprised that this is happening.
It's actually an interesting allegory to late stage capitalism and the rise of the extremist politics, in a way. Money talks and bullshit walks as long as an elderly, out of touch white man that holds all the cards is in control.
Also, this Billion Dollar Man and his corporation/conglomerate subduing all, if any, creative youth movement from within. It's a tale as Old as Time.
So far this is only a rumor. A very big rumor. WWE has not confirmed the sale. However I wouldn't be surprised if they did.
I am hoping for the best for Shawn Michaels, Triple H, Stephanie, Rob Fee , Bray Wyatt and the other big names that have returned during Vince's brief "retirement". Anyone affected by this news.
I hope that they would be able to, if they are all relieved of their duties, create their own promotion. A promotion that loves the business for what it is and even though money is good, the art form of pro wrestling will always be the central point.
I might reluctantly continue to watch WWE as long as Triple H is in charge of creative. But if it turns back to the cluster fuck it was during late stage McMahon, I'll just say: "Thank Christ for the AEW, Mexico, Japan AND the thriving Indy scene".
In the end, the Federation (or the "E" as they call it) will die when Vince McMahon does. Professional wrestling lives on. If worse comes to worse, there are alternatives out there. Subscribe to #iwtv to see the purest and most passionate form of professional wrestling
Okay I'm off my soapbox now.
