WWE

Is this the end of Vince McMahon in the WWE?

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To any WWE insiders, the news that the company is going through hard times is no new revelation, but Friday may have seen the axe hang over Vince McMahon's head.

The WWE saw their stock drop on Friday to $11.40 a overall decrease of $8.53, that resulted in them losing $340 million.

Monday will be a big day for the company as Chairman and CEO Vince McMahon and the company's Chief Strategist and Financial Officer George Barrios will host a conference call with investors to review the company's 2014 and 2015 business outlook.

Perhaps the biggest axe hanging over the head of the WWE founder, is that on Friday it was announced that Lemelson Capital - a private investment management firm announced they had bought shares in the WWE.

When looking ahead to the future of the WWE, Chief Investment Officer of Lemelson Capital Management, Emmanuel Lemenson said: "the company stands to lose between $45 million and $52 million in Financial year 2014".

What could seem ominous for McMahon is that Lemelson continued to say "there are no pending operational developments in the pipeline to offset these significant losses".

Perhaps the new investors could be looking for a change in leadership?

They are certainly looking for some new ideas and McMahon may have to pull something out of the bag to save his own skin. 

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Topics:
WWE
Vince McMahon

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