TKO has been going through some complications ever since its conception. According to a former WWE employee, Vince McMahon might have an interesting role to play in this. Even though he didn’t accuse the 78-year-old of sabotaging the company, Eric Bischoff believes that McMahon indirectly displayed his power to the TKO board.

In a recent episode of his 83 Weeks podcast, Bischoff shed some light on how McMahon might have pulled an ‘overkill’ move to prove his point and punish the TKO board for filing a complaint against him in their regulatory report.

Vince McMahon’s risky moves

A few weeks ago, during the Bloomberg Screentime Conference, Ari Emanuel presented TKO Group Holdings. In the meeting, the CEO of Endeavor revealed how their newly merged sports entertainment brand lost significant stock value in the market. Now, Bischoff believes that it might have been associated with McMahon.

During the podcast, Bischoff cleared the air by telling his co-host the connection he finds between the two instances. Then, he went on to say, “It’s just a thought. I don’t know that Vince is bitter that way, but that’s a lot of money just to make a point, you know.”

The former WWE employee then added, “He is still human, you know, he’s still flawed. I could, if I got that much money maybe it’s a good, maybe it’s a good ‘f*** you’.” According to the 68-year-old, even though McMahon might have gone the long way to take revenge, it is something that the board will remember.

Bischoff believes that McMahon’s recent mass share selling, amounting to about $700 million, was in response to the regulatory report that TKO had filed. McMahon couldn’t have been against a report. However, what it included regarding him might have intrigued the former CEO of WWE.

The TKO board’s complaints about Vince McMahon

The TKO board included Vince McMahon in their regulatory report a few weeks ago. Even though the report was mainly about the company’s functioning, the staff couldn’t help but mention one significant thing about the former owner of WWE.

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In the report, McMahon was listed as being ‘risky’. The staff also called him out for putting them at risk of negative publicity because of the controversies he is attached to.

As the Executive Chairman of WWE on the TKO board, McMahon must have been aware of this thought process. So, Bischoff believes that the drop in shares was a revenge move.

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