VINCE MCMAHON LAWSUIT: Vince McMahon denies allegations, says he looks forward to clear his name


Posted on 1/27/124 by Colin Vassallo



Former TKO Chairman Vince McMahon has denied completely the
allegations against him in a statement issued to the press
after he resigned from the company.

“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,” McMahon
said in the statement.

“However, out of respect for the WWE Universe, the
extraordinary TKO business and its board members and
shareholders, partners and constituents, and all of the
employees and Superstars who helped make WWE into the global
leader it is today, I have decided to resign from my
executive chairmanship and the TKO board of directors,
effectively immediately,” McMahon continued.

TKO has not announced who will be brought in, or upgraded,
to Chairman of the board. There are 13 directors in total,
seven of which are from Endeavor and six, now five, from
WWE.

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