Former WWE chairman Vince McMahon has resigned as govt chairman of TKO, the wrestling promotion’s dad or mum firm. The information comes following a lawsuit that alleges McMahon orchestrated a sample of abuse together with forcible intercourse in opposition to a lady, Janel Grant, who used to work for WWE.
Through Fightful, we have discovered that WWE’s Nick Khan despatched an inner memo to others throughout the firm stating, “I needed to tell you that Vince McMahon tendered his resignation from his positions as TKO Govt Chairman and on the TKO Board of Administrators. He’ll not have a job with TKO Group Holdings or WWE.”
The quick message is the one remark the corporate has on the matter right now, and comes a couple of hours after Slim Jim paused its promoting for tomorrow’s Royal Rumble, one among WWE’s largest annual occasions.
“Slim Jim values integrity and respect in all of our partnerships,” the Conagra Manufacturers division informed Deadline. “Given the current disturbing allegations in opposition to Vince McMahon, right now we’ve determined to pause our promotional actions with WWE. This determination displays our dedication to our model values and accountability to our neighborhood.”
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 assertion that Ms. Grant’s lawsuit is replete with lies, obscene made-up cases that by no means occurred, and is a vindictive distortion of the reality. I intend to vigorously defend myself in opposition to these baseless accusations, and sit up for clearing my title.
“Nevertheless, out of respect for the WWE Universe, the extraordinary TKO enterprise and its board members and shareholders, companions and constituents, and the entire staff and Superstars who helped make WWE into the worldwide chief it’s at the moment, I’ve determined to resign from my govt chairmanship and the TKO board of administrators, efficient instantly.”