Former WWE chairman Vince McMahon has resigned as government chairman of TKO, the wrestling promotion’s father or mother firm. The information comes following a lawsuit that alleges McMahon orchestrated a sample of abuse together with forcible intercourse towards a lady, Janel Grant, who used to work for WWE.
Via Fightful, we have realized that WWE’s Nick Khan despatched an inner memo to others inside the firm stating, “I wanted to inform you that Vince McMahon 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.”
The brief message is the one remark the corporate has on the matter presently, and comes a number of hours after Slim Jim paused its promoting for tomorrow’s Royal Rumble, one in all WWE’s largest annual occasions.
“Slim Jim values integrity and respect in all of our partnerships,” the Conagra Brands division advised Deadline. “Given the recent disturbing allegations against Vince McMahon, at this time we’ve decided to pause our promotional activities with WWE. This decision reflects our commitment to our brand values and responsibility to our community.”
McMahon, in the meantime, issued his personal assertion wherein he continued to disclaim the allegations however acknowledged he’s resigning “out of respect” for the corporate, its companions, and its followers.
“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 enterprise and its board members and shareholders, companions and constituents, and all the staff and Superstars who helped make WWE into the worldwide chief it’s at the moment, I’ve determined to resign from my government chairmanship and the TKO board of administrators, efficient instantly.”
McMahon beforehand retired from WWE in July of 2022 amid a misconduct investigation, however later voted himself again onto the board forward of the corporate’s sale to UFC father or mother firm, TKO.
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