Wrestling tycoon says goodbye to WWE, helm to daughter

(ANSA) – NEW YORK, JUL 22 – Vince McMahon leaves. Overwhelmed by an investigation into the payment of millions of dollars to cover a relationship with a woman now a former employee, McMahon says goodbye to WWE, World Wrestling Entertainment. The announcement comes a month after the company’s step back as CEO.

“At 77 it is time for me to retire. Thanks Wwe, for me it was a privilege”, announces the tycoon considered the father of modern wrestling, the one who transformed wrestlers into Hollywood stars. In place of CEO and president will be his daughter, Stephanie McMahon. (HANDLE).

Source: Ansa

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