Vince McMahon refused to comment when asked about sexual misconduct allegations.
The now TKO Group Executive Chairman retired from WWE in July 2022 surrounded by a whirlwind of allegations. It was alleged that McMahon had a number of affairs, and paid several women a total of well over $10 million to suppress them. There were also claims that he coerced one woman into giving him oral sex.
After McMahon forced his way back onto WWE’s Board of Directors in January, more allegations came to light, and it was claimed he assaulted a spa manager at a resort in 2011. McMahon also reached a multimillion-dollar settlement with former referee Rita Chatterton, who claimed she had been assaulted back in 1986.
In 1992, Chatterton came forward with her story claiming that McMahon made unwanted sexual advances towards her, and after she turned him down, he raped her.
Speaking in a new interview with Fox News, McMahon discussed a huge American flag being flown at company headquarters for Veterans Day. However, when asked about the allegations outlined above, he declined to comment.
The article states:
“McMahon, 78, has been mostly out of the public eye over the last couple of years as he faced sexual assault allegations, a lawsuit that was later settled, and a federal investigation. When asked for comment by Fox News Digital, McMahon declined.”
Vince McMahon To Sell Millions Of TKO Shares
On November 9th, it was announced that Vince McMahon was selling 8.4 million TKO shares. These shares have a total value of around $700 million. This represents around 30% of his 28 million shares in the company.
McMahon needs to hold a total of seven million shares to remain as Executive Chairman.