True Purpose Of Vince McMahon’s 14th & I Company Potentially Revealed
Former WWE Chairman Vince McMahon stepped down from his role in the company midway through 2022 in light of various legal disputes. His departure kick-started a massive change in the promotion, leading to the sale of the company.
After being a family business across decades, WWE is now owned by the TKO Group, which was formed after merging WWE with UFC’s parent company, which holds the majority share, the Endeavor Group.
Since leaving his own company, Vince made a quiet return to the sports and entertainment industry last year as he opened a new private investment firm, 14th & I, which focuses on sports, media, and entertainment.
Vince McMahon’s new company to facilitate the Saudi Arabia deal
During a recent episode of the Coach and Bro show, former WWE writer Vince Russo and Jonathan Coachman discussed the TKO-owned firm’s potential sale to Saudi Arabia in the near future.
Continuing on the discussion, Russo claimed that Vince McMahon’s new company, 14th & I, hasn’t done anything yet but still has people working there every day, which leads him to believe that they’re working on facilitating Saudi Arabia’s potential takeover.
“Vince starts a new company—14th and I. Okay. That new company is just sitting there. That new company has done nothing. That leads me to believe that the company was developed and is sitting idle for one reason, and one reason only [the Saudi Arabia dead]. I don’t know how people can look at this and think Vince McMahon started a company, has people working for him, and that company is just going to sit there doing nothing.” Russo said.
Ever since Vince McMahon started the company, rumors have intensified that the former WWE Chairman is looking for a way to get the promotion back, and if he helps facilitate the deal with Saudi Arabia, he might get his promotion back after all.
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