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Former WWE chairman Vince McMahon has resigned as government chairman of TKO, the wrestling promotion’s guardian firm. The information comes following a lawsuit that alleges McMahon orchestrated a sample of abuse together with forcible intercourse in opposition to a girl, Janel Grant, who used to work for WWE.
Through Fightful, we have discovered that WWE’s Nick Khan despatched an inside memo to others inside 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 now not have a job with TKO Group Holdings or WWE.”
The brief message is the one remark the corporate has on the matter presently, and comes a number of hours after Slim Jim paused its promoting for tomorrow’s Royal Rumble, certainly one of WWE’s largest annual occasions.
“Slim Jim values integrity and respect in all of our partnerships,” the Conagra Manufacturers division advised Deadline. “Given the current disturbing allegations in opposition to Vince McMahon, presently we’ve determined to pause our promotional actions with WWE. This determination displays our dedication to our model values and duty to our neighborhood.”
McMahon, in the meantime, issued his personal assertion by which 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 stay up for clearing my title.
“Nonetheless, out of respect for the WWE Universe, the extraordinary TKO enterprise and its board members and shareholders, companions and constituents, and the entire workers and Superstars who helped make WWE into the worldwide chief it’s immediately, I’ve determined to resign from my government chairmanship and the TKO board of administrators, efficient instantly.”
McMahon beforehand retired from WWE in July of 2022 amid a misconduct investigation, however later voted himself again onto the board forward of the corporate’s sale to UFC guardian firm, TKO.
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