Vince McMahon wants to buy Newcastle United

Gary

Gary

No wonder my post count..
C

COYFM

A. Trialist
Won't have as many doller bills as previous due to the WWF being shit and unwatched nowadays, on it's arse since the days of Hakshaw Jim Duggan & Tugboat.
 
Carlos

Carlos

Massive Member
Something fishy going on at that club. I can certainly smell what the rock is cooking
 
incapable hulk

incapable hulk

Best served cold
COYFM said:
Won't have as many doller bills as previous due to the WWF being shit and unwatched nowadays, on it's arse since the days of Hakshaw Jim Duggan & Tugboat.
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You do realise that the WWE is now more successful than it has ever been?

He is richer than ever before, and the company is the biggest it has ever been.
 
Gary

Gary

No wonder my post count..
DanR

DanR

Steve Chettle
Will he make Steve Stone change his name to 'Stone Cold Steve Stone'?
 
Alexandro Garibaldi

Alexandro Garibaldi

Bang Bang
Will they be making a bid for Hulk... Hogan?

(Yes, that's the most up to date wrestling joke I could muster up.)
 
A

Andy B

First Team Squad
According to most wrestling sites I've seen, this is actually an old rumour and it's almost certainly BS. Besides, WWE currently isn't that cash rich as it's just ploughed massive amounts of cash into launching its new online 'WWE Network'. Basically, if it can't persuade over a million subscribers to sign up and (crucially) hang around, the company is screwed.
 
bhastings316

bhastings316

Grenville Morris
Whatever your views on "rasslin'" or McMahon personally there is one undeniable fact and is that he is one of the most successful businessmen in the World. He is a visionary who was ahead of his peers in making the move towards Sports Entertainment. He put all of his major competition out of business and WWE is a money making machine.
 
FBS

FBS

Steve Chettle
The McMahon wealth has been reduced a lot in recent years. He sunk untold millions into politics for his wife, only to see that fail. Also WWE as a TV show is dying a death, TNA has taken it's place in prime time US TV. It's only real source of major cash is merchandise.
 
P

Pierre Stan Roydonk

Viv Anderson
Bring back this man for the post match WWE style trash-talk interviews.


There's even a cameo appearance from Sting at the end!
 
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A

Andy B

First Team Squad
bhastings316 said:
Whatever your views on "rasslin'" or McMahon personally there is one undeniable fact and is that he is one of the most successful businessmen in the World. He is a visionary who was ahead of his peers in making the move towards Sports Entertainment. He put all of his major competition out of business and WWE is a money making machine.
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There are limits to his success, though. He famously has faltered doing anything other than wrestling. For example, every year WWE Studios churns out a number of hopeless movies that no-one wants to see, losing tens of millions of dollars in the process. Then there was his disastrous attempt to launch a rival football league to the NFL; that lasted one season and was another money pit. His biggest extravagance has been funding his wife's political career, which has faltered badly over a long-term and now looks dead in the water.

A couple of ago, one of WWE's biggest stars, CM Punk (who, interestingly, has just walked out of the company) cut a heel promo in which he slagged off McMahon as a 'millionaire who should be a billionaire'. This was delivered in character, but it contained a considerable amount of truth.
 
Gary

Gary

No wonder my post count..
Ah yeah, the ill-fated XFL. f**ked that right up didn't they? IIRC, they really attempted to revolutionize a sport which didn't really need revolutionizing in the first place.

You'd worry about how much Vince would attempt to 'Americanize' a working class Football club. He'd need to know his boundaries if he didn't want this to flop.
 
bhastings316

bhastings316

Grenville Morris
Gary said:
Ah yeah, the ill-fated XFL. f**ked that right up didn't they? IIRC, they really attempted to revolutionize a sport which didn't really need revolutionizing in the first place.

You'd worry about how much Vince would attempt to 'Americanize' a working class Football club. He'd need to know his boundaries if he didn't want this to flop.
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XFL was something like a $70 million dollar write off for WWE and NBC combined.
 
Robbie Red Hat

Robbie Red Hat

Jack Armstrong
Alex said:
Will they be making a bid for Hulk... Hogan?

(Yes, that's the most up to date wrestling joke I could muster up.)
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Appreciate the effort :p ;)
 
incapable hulk

incapable hulk

Best served cold
FBS said:
The McMahon wealth has been reduced a lot in recent years. He sunk untold millions into politics for his wife, only to see that fail. Also WWE as a TV show is dying a death, TNA has taken it's place in prime time US TV. It's only real source of major cash is merchandise.
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Errr...where have you heard this about TNA - because someone is telling you some lies. Its not even remotely true!

TNA Impact (their flagship show) was watched by around 1.1 million viewers on Thursday, according to the ratings and that was one of their best weeks - though in general their ratings have been in decline since 2006. WWE's Monday Night Raw show, had 4.4 million viewers, and that was viewed as a poor week for them. The WWE is watched on average by 15 million viewers a week, whilst TNA averages less than a million.

TNA actually moved its Impact show from Monday to Thursday, because it was being trounced so spectacularly by WWE Raw.

It is not even viewed as a competitor to WWE on US TV, and its ratings are dwarfed by the WWE. Itis also a shambles of a company in huge debt, with really poor quality programming and even hardcore wrestling fans consider it to be a terrible show. They are like the Portsmouth of Wreslting. Its mostly booked by the same idiots, and plagued by the same problems that ended up killing WCW. There are strong rumours going around that Dixie Carter is trying to offload the company as its running at a such a huge loss and it may end up going out of business soon.

WWE makes huge amounts of money from TV, and gets $139 million annually through its current US TV deal. This has just expired, and WWE has now opened up the bidding for the contract and it will get a much higher deal (Raw and Smackdown are not being shown live on its new Network)

They also provide 3 hour shows, every week, 52 weeks a year which are a goldmine for TV networks and its one of the reasons WWE is one of the most desired TV contracts in the industry.

When you factor in thing like international tv rights (its recently signed a new deal with Sky which is much bigger than any previously), and the amount of live shows it does it each week, along with the merchandising

The politics thing is true, to a degree. They did spend huge money (reportedly around $100 million) on Linda McMahon's run at politics, but they are still pulling at least $50 million a year just from their stake in WWE as dividends and interest. That doesn't even account for all of their other earnings and business ventures. Still though, it was a huge amount to essentially just waste.

I rarely watch Wrestling any more, because its mostly poor, but I still follow the goings on from an inside perspective :)
 
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incapable hulk

incapable hulk

Best served cold
Andy B said:
According to most wrestling sites I've seen, this is actually an old rumour and it's almost certainly BS. Besides, WWE currently isn't that cash rich as it's just ploughed massive amounts of cash into launching its new online 'WWE Network'. Basically, if it can't persuade over a million subscribers to sign up and (crucially) hang around, the company is screwed.
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Are you just reading gossip sites, because again little of this is true either? The WWE Network has cost them $40 million to develop, which is a huge amount of money, but when you consider they made $113.3 million dollars in revenue for the 3rd quarter of 2013 alone, and operating costs were only around $3 millions - its hardly going to sink the company if it flops.

They are expecting around 1-2 million subscribers to sign up by the end of 2014, and that's before its even launched outside of the US.

If the Network fails, it will be a huge blow, but it would not mean they are screwed. They would still have the massive tv and merchandising revenues, a long with the huge numbers they get from PPV revenues.

Wrestlemania 29 alone earned $72 million dollars, and it was the most successful ever which suggests business is increasing, with Wrestlemania 30 looming

Getting 1 million subscribers should not be too difficult when you consider its around $10 per month, whereas a single ppv costs $60, and on the network you get all of the PPV's live (so at least 12 and any specials)

I don't think people realise quite how popular the WWE is, and how much money it makes.

Andy B said:
A couple of ago, one of WWE's biggest stars, CM Punk (who, interestingly, has just walked out of the company) cut a heel promo in which he slagged off McMahon as a 'millionaire who should be a billionaire'. This was delivered in character, but it contained a considerable amount of truth.
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The comment about him not being a billionaire is true, but that's not down to him wasting money (politics, XFL and WBF aside). His wealth is judged by the companies stock price in relation to his shares. So as it rises, so does his financial worth, and that opposite goes for when the share value drops.
 
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