Shane McMahon: Vince McMahon ‘enjoying life,’ no plans to start wrestling company

Shane McMahon says Vince McMahon is “enjoying life”

He spoke with TMZ recently and was asked about the rumor that he and his father might start a new wrestling company.

“You never know what’s going to happen out there. Of course, anything can happen in WWE, but those rumors are false,” Shane said.

He was also asked about the meeting he had with AEW President Tony Khan last summer. While he wished Khan continued success, Shane says AEW isn’t the company he helped build.

“Had a meeting with AEW and wish them continued success, or whatever. But it’s not WWE. It’s not the company I helped build. But you never know what’s going to happen in this business.”

When asked about speculation that Vince McMahon could buy back WWE, Shane replied:

“Well, he owns a big part of TKO still. So you never know what’s going to happen there either. I’m not trying to be vague, I’m just saying anything can happen.”

Vince McMahon currently owns an estimated 3.25 percent of TKO Group Holdings. According to Brandon Thurston of Wrestlenomics, McMahon holds 6,442,325 shares following the recent sale of 250 million dollars worth of stock to Endeavor. With TKO stock currently trading at 165.94 dollars per share, McMahon would need almost 16 billion dollars to acquire 51 percent of the company. His net worth is listed at approximately 3.2 billion dollars by Forbes.

Asked how his father is doing these days, Shane responded:

“He’s been doing really well. He’s enjoying life. Getting a little bit of a rest in there, but you know my dad, he’s always gung ho and he’s always doing the next thing and that’s what he’s focused on.”

As revealed late last month, Vince McMahon’s new business venture is a company called 14TH & I, expected to focus on investments in sports, media, and entertainment.

Shane’s full interview with TMZ is available below: