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Wrestling promoter Vince McMahon retires as WWE chairman

Former WWE Chairman and CEO Vince McMahon said he is retiring

WASHINGTON: Vince McMahon, the promoter who built a pro wrestling show into a global entertainment empire, Friday announced he was retiring as head of World Wrestling Entertainment — under a cloud of serious sexual misconduct allegations.

McMahon, whose friends include former US president Donald Trump, became a character in his own wrestling promotions at one stage and even launched a rival to the NFL — his over-the-top XFL.

“As I approach 77 years old, I feel it’s time for me to retire as chairman and CEO of WWE,” McMahon said in a statement. “Throughout the years, it has been a privilege to help WWE bring you joy, inspire you, thrill you, surprise you, and always…

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