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Post by thegatewaydrug on Jul 9, 2022 16:00:46 GMT -5
The biggest question is who Vince gives his voting shares to when he croaks. I have to assume he has a will where it spells out who gets them. That person would be a successor by default. Or he causes pure chaos and splits the shares among his family so no one has a controlling stake. They'll be in a case suspended above the ring, Available to anyone who grabs it first Or he places them within brass rings and scatters them around the globe. Whichever members of the 'universe' find the most, wins!
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Post by Feyrhausen on Jul 9, 2022 16:21:42 GMT -5
I assume that he could just give his voting shares to Linda right? Or if he died his shares would go to her because they've been married so long. Assuming no pre nup she would most likely get all of his property, including shares. If Linda dies before Vince then you would think his shares would be equally split between Shane and Steph. They would disperse it between the various spouses and children. When you deal with this much money you really have to split it evenly these days. Some states have laws you have to deal with, lawsuits abound with this much money at stake. Now he could say give Steph all the shares but he would have to leave Shane an amount of money or other assets equal to the share amounts. That would be difficult. Or he could have the shares be liquidated, or maybe sold to the Saudi prince. Then the heirs split the money.
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Post by DrBackflipsHoffman on Jul 9, 2022 16:26:49 GMT -5
Linda rn
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Post by Legion on Jul 9, 2022 16:35:26 GMT -5
She’s been a little conspicuous by her absence in recent years. She’s was CEO forever and left for political aspirations. She’s obviously not in the cabinet anymore and I assume she was active in WWE when Vince was up to his dirty antics. Assuming they are still legally married Objectively, doesn’t she make the most sense? They’re still legally married, but everything I’ve heard lately implies they haven’t actually been together for a few years. Vince saying his “wife at the time” on the McAfee show, Meltzer mentioning they aren’t together anymore when the first hush money story came out etc. This is the thing that is really weird to me. Clearly they are no longer together and seemingly havent been in years. Her political aspirations came to nothing, so I have no idea why they have kept the charade up, even if that sort of thing even mattered. It's such an odd thing to do; even if there was concern on his part that she could take him to the cleaners as no pre-nup, I don't understand why that would stop her actually doing it and just keeping things going. His 'relationships' with these women are, sadly, really not unusual for people in the position he is in, nor are the use of NDAs. The British tabloids have stories about rich people doing this practically every week. I just dont get why Vince and Linda have kept up the pretence all this time - had they just divorced, he could have screwed about with whoever he wanted and saved a lot money.
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Post by canceled4truth on Jul 9, 2022 16:52:52 GMT -5
There's no way Linda wants anything to do with the company anymore. I feel like even if she got shares she'd immediately sell them off.
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Post by Feyrhausen on Jul 9, 2022 17:15:53 GMT -5
They’re still legally married, but everything I’ve heard lately implies they haven’t actually been together for a few years. Vince saying his “wife at the time” on the McAfee show, Meltzer mentioning they aren’t together anymore when the first hush money story came out etc. This is the thing that is really weird to me. Clearly they are no longer together and seemingly havent been in years. Her political aspirations came to nothing, so I have no idea why they have kept the charade up, even if that sort of thing even mattered. It's such an odd thing to do; even if there was concern on his part that she could take him to the cleaners as no pre-nup, I don't understand why that would stop her actually doing it and just keeping things going. His 'relationships' with these women are, sadly, really not unusual for people in the position he is in, nor are the use of NDAs. The British tabloids have stories about rich people doing this practically every week. I just dont get why Vince and Linda have kept up the pretence all this time - had they just divorced, he could have screwed about with whoever he wanted and saved a lot money. With the amount the company is worth it might be a case of Vince not being able to pay her for her half of his shares. And if she takes half the shares in a divorce then his control is split. That could spook the stockholders leading the the shares value dropping, and they both lose money. They can stay together in a paper marriage and both be obscenely wealthy. My dad started a company with a partner and his wife. They had 50% and my dad had 50. The partner cheated on his wife many times and they ended up split and living separately. But if he divorced her he couldnt buy her out. And he didnt want her siding with my dad taking away his equal control. So he gave her the house and whatever she wanted to stay married and let him control the shares.
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Post by Legion on Jul 9, 2022 17:25:37 GMT -5
This is the thing that is really weird to me. Clearly they are no longer together and seemingly havent been in years. Her political aspirations came to nothing, so I have no idea why they have kept the charade up, even if that sort of thing even mattered. It's such an odd thing to do; even if there was concern on his part that she could take him to the cleaners as no pre-nup, I don't understand why that would stop her actually doing it and just keeping things going. His 'relationships' with these women are, sadly, really not unusual for people in the position he is in, nor are the use of NDAs. The British tabloids have stories about rich people doing this practically every week. I just dont get why Vince and Linda have kept up the pretence all this time - had they just divorced, he could have screwed about with whoever he wanted and saved a lot money. With the amount the company is worth it might be a case of Vince not being able to pay her for her half of his shares. And if she takes half the shares in a divorce then his control is split. That could spook the stockholders leading the the shares value dropping, and they both lose money. They can stay together in a paper marriage and both be obscenely wealthy. My dad started a company with a partner and his wife. They had 50% and my dad had 50. The partner cheated on his wife many times and they ended up split and living separately. But if he divorced her he couldnt buy her out. And he didnt want her siding with my dad taking away his equal control. So he gave her the house and whatever she wanted to stay married and let him control the shares. That makes a lot of sense, but it doesnt really answer the question of why Linda would care. Still, I think you are likely right, good call!
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Post by The Rick Jericho on Jul 9, 2022 17:48:01 GMT -5
I really wish they didn't reveal the year the talent was released. Then it makes the internet guess who it is, which is completely unfair to everyone who was released in 2005.
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Post by Cranjis McBasketball on Jul 9, 2022 18:19:13 GMT -5
I really wish they didn't reveal the year the talent was released. Then it makes the internet guess who it is, which is completely unfair to everyone who was released in 2005. We know Vince loves blondes….so it was totally Jericho.
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Post by Feyrhausen on Jul 9, 2022 18:22:46 GMT -5
With the amount the company is worth it might be a case of Vince not being able to pay her for her half of his shares. And if she takes half the shares in a divorce then his control is split. That could spook the stockholders leading the the shares value dropping, and they both lose money. They can stay together in a paper marriage and both be obscenely wealthy. My dad started a company with a partner and his wife. They had 50% and my dad had 50. The partner cheated on his wife many times and they ended up split and living separately. But if he divorced her he couldnt buy her out. And he didnt want her siding with my dad taking away his equal control. So he gave her the house and whatever she wanted to stay married and let him control the shares. That makes a lot of sense, but it doesnt really answer the question of why Linda would care. Still, I think you are likely right, good call! Care about what exactly? Care about keeping up the charade? Grandkids, pride, ego, wanting not to be seen as new money white trash. Care about splitting Vinces shares? If she takes half his control she will be extremely wealthy. If she stays with him she is obscenely wealthy.
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Post by Cranjis McBasketball on Jul 9, 2022 18:37:01 GMT -5
That makes a lot of sense, but it doesnt really answer the question of why Linda would care. Still, I think you are likely right, good call! Care about what exactly? Care about keeping up the charade? Grandkids, pride, ego, wanting not to be seen as new money white trash. Care about splitting Vinces shares? If she takes half his control she will be extremely wealthy. If she stays with him she is obscenely wealthy. Option A: Divorce. Throw all your assets into disarray. Plus pay millions to lawyers for the privilege. Option B: Keep all your money. f*** whomever you want. 🤔 That’s a real head scratcher.
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Post by Legion on Jul 9, 2022 19:56:18 GMT -5
That makes a lot of sense, but it doesnt really answer the question of why Linda would care. Still, I think you are likely right, good call! Care about what exactly? Care about keeping up the charade? Grandkids, pride, ego, wanting not to be seen as new money white trash. Care about splitting Vinces shares? If she takes half his control she will be extremely wealthy. If she stays with him she is obscenely wealthy. Like, she doesnt owe him anything, so why leave it? I guess it doesnt matter either way, at a certain point, rich is just rich. I'm just mind boggled over why she would bother to protect things, but perhaps the answer is Steph. She knows Steph wants the job, so burning the company down doesnt make sense long term.
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Post by THE FVNKER on Jul 9, 2022 20:22:57 GMT -5
They’re still legally married, but everything I’ve heard lately implies they haven’t actually been together for a few years. Vince saying his “wife at the time” on the McAfee show, Meltzer mentioning they aren’t together anymore when the first hush money story came out etc. This is the thing that is really weird to me. Clearly they are no longer together and seemingly havent been in years. Her political aspirations came to nothing, so I have no idea why they have kept the charade up, even if that sort of thing even mattered. It's such an odd thing to do; even if there was concern on his part that she could take him to the cleaners as no pre-nup, I don't understand why that would stop her actually doing it and just keeping things going. His 'relationships' with these women are, sadly, really not unusual for people in the position he is in, nor are the use of NDAs. The British tabloids have stories about rich people doing this practically every week. I just dont get why Vince and Linda have kept up the pretence all this time - had they just divorced, he could have screwed about with whoever he wanted and saved a lot money. Money.
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Post by floundertime on Jul 9, 2022 20:31:31 GMT -5
I really wish they didn't reveal the year the talent was released. Then it makes the internet guess who it is, which is completely unfair to everyone who was released in 2005. We know Vince loves blondes….so it was totally Jericho. I mean Jericho did start wearing trunks after a while and we know Vince loves things…..right Randy?
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Post by polarbearpete on Jul 9, 2022 21:46:22 GMT -5
I assume that he could just give his voting shares to Linda right? Or if he died his shares would go to her because they've been married so long. Assuming no pre nup she would most likely get all of his property, including shares. If Linda dies before Vince then you would think his shares would be equally split between Shane and Steph. They would disperse it between the various spouses and children. When you deal with this much money you really have to split it evenly these days. Some states have laws you have to deal with, lawsuits abound with this much money at stake. Now he could say give Steph all the shares but he would have to leave Shane an amount of money or other assets equal to the share amounts. That would be difficult. Or he could have the shares be liquidated, or maybe sold to the Saudi prince. Then the heirs split the money. If he has a will, then things wouldn’t have to all go to Linda or be all split evenly with the kids.
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Post by Deleted on Jul 9, 2022 22:15:00 GMT -5
I really wish they didn't reveal the year the talent was released. Then it makes the internet guess who it is, which is completely unfair to everyone who was released in 2005. We know Vince loves blondes….so it was totally Jericho. I mean...He did tell Jericho that he looked good in trunks.
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Post by madness50 on Jul 10, 2022 2:50:22 GMT -5
Even if WWE couldn't survive without Vince (it could) he's in his 70s. Most people have already retired by now. WWE should have several plans in place for when he leaves and shareholders should be very worried that they don't. It's just the most BS excuse of all time. The best analogy that I can make with Vince is he is the Al Davis of professional wrestling. He’s a guy who had a lot of early success, but continued to be stuck in a time warp and slowly but surely hurt their franchises.
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Post by nisidhe on Jul 10, 2022 5:18:32 GMT -5
If he has a will, then things wouldn’t have to all go to Linda or be all split evenly with the kids. Intestate succession in CT allows Linda $100K plus half the estate, while the kids get everything else. If the will deviates enough from that without sufficient explanation or understanding, it'll be contested.
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Post by Feyrhausen on Jul 10, 2022 6:24:01 GMT -5
If he has a will, then things wouldn’t have to all go to Linda or be all split evenly with the kids. Intestate succession in CT allows Linda $100K plus half the estate, while the kids get everything else. If the will deviates enough from that without sufficient explanation or understanding, it'll be contested. Exactly. When you are dealing with that kind of estate what you put in your will can be irrelevant. Heirs will contest anything they dont like and lawyers will drag it out for years. Hell my dads estate was nowhere near this and we spent 2 years fighting with his business partners who felt his life insurance policy belonged to them. If Vince tries to leave his shares to anyone besides his family you can expect it to be a major fight.
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Post by The Foreigner™: OffSZN on Jul 10, 2022 6:30:30 GMT -5
Even if WWE couldn't survive without Vince (it could) he's in his 70s. Most people have already retired by now. WWE should have several plans in place for when he leaves and shareholders should be very worried that they don't. It's just the most BS excuse of all time. The best analogy that I can make with Vince is he is the Al Davis of professional wrestling. He’s a guy who had a lot of early success, but continued to be stuck in a time warp and slowly but surely hurt their franchises. Looking forward to Shane taking Mark Davis' look
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