mobile app bar

“Your number 1 job is to make money for your shareholders” – Eric Bischoff does not think Vince McMahon is selling WWE

Archie Blade
Published

Eric Bischoff does not think Vince McMahon is selling WWE

Eric Bischoff does not think Vince McMahon is selling WWE. Speculation is rife that the company is preparing to be sold off.

With the WWE releasing several talents in the last couple of months, many have begun wondering if all this is being done with an intention to prepare for a sell. Hall of Famer Eric Bischoff however, does not share the same thought. He believes this is Vince McMahon fullfilling his duties as the chairman of a publicly traded company.

Also read: WWE RAW draws lowest viewership in the history of the show this week

Easy E discussed the recent WWE releases on his After 83 Weeks show. The former WCW Head explained why he did not see WWE’s recent actions as a precursor to the company looking to put itself up for sale on the market by making themselves look more profitable than they are.

Eric Bischoff does not think Vince McMahon is selling WWE

“If you’re a publicly held company and you’re an officer of the company. And you’re the chairman of that company. Guess what your number 1 job is when you get up every single morning? To make money for your shareholders. That is called a fiduciary responsibility. That’s Vince’s job – to make money for his shareholders.

“And guess what? If it looks like he’s not paying attention to details, if it looks [like] he doesn’t have the best interest of his investors in mind. If it looks like he has a bloated talent budget and it makes no sense to have 300 people under contract where in the last six weeks you’ve only used 78 of them. Maybe somebody said, ‘Hey, Vince, I think we better take a (sic) lot at our roster because it doesn’t look like we’re managing it very well.'”

Click here for more Wrestling News

About the author

Archie Blade

Archie Blade

x-iconlinkedin-icon

Archie is a WWE and UFC Editor/Author at the SportsRush. Like most combat sports enthusiasts, his passion for watching people fight began with WWE when he witnessed a young Brock Lesnar massacre Hulk Hogan back in 2002. This very passion soon branched out to boxing and mixed martial arts. Over the years he fell in love with the theatrics that preceded the bell and the poetic carnage that followed after. Each bruise a story to tell, each wound a song of struggle, his greatest desire is to be there to witness it all. His favorite wrestler is Shawn Michaels and he believes that GSP is the greatest to ever step foot inside the octagon. Apart from wrestling, he is also fond of poetry and music.

Share this article