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Old 07-08-2009, 03:28 PM   #20 (permalink)
The Raw King
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Re: WWE Universe, Shane Mcmahon Era!

WWE.com holds press confrnece with Shane McMahon:


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Shane McMahon
i would like to thank all of you who came out to this press confrence. Although this is a confrence with the press, i will not be answering any questions from the press themselves. i do have a list of things i feel need to be addressed. So please, have a seat.

When my father told me that he was going to be selling WWE to me, I was shocked and knew I would not be able to pay the ammount WWE is worth. My father and i came to a deal, with the sum of money being much lower than expected. I did now expect for being the head honcho of a WWE would be so hard and tough, and there are alot of problems that needs to be fix. My sister, Stephanie McMahon and I have been working day and night to make this job work, and it has been tough.

ECW i no longer going to be a WWE Brand, and reason being is that it has not been getting ratings, and the brand would ended up costing us millions of dollars just to keep airing. At this point in time, we have not plans to bring ECW back as a brand, nor do we have any plans set in stone with the current ECW Roster. We can tell you this, none of them will be losing thier job immediately.

WWE's Monday Night Raw and Friday Night Smackdown will also be hit by this change in ownership. Theodore Long, Smackdown General manager will keeping his job as General manager, however, he will have to be reporting to us alot more. Stephanie and i will be having 100% hands on control of Monday Night Raw, and we will have alot more control over Friday Night Smackdown.

I understand that alot of you are surprised at the decisions my sister and i have made, but we ask that you continue to support us as we try to clean up World Wrestling Entertainment. I thank you for coming out and spending your time with the WWE. Have a good afternoon.


Alot of questions are still unanswered. We hope to hear more in the coming weeks. Please keep posted with WWE.com for more on the new ownership of World Wrestling Entertainment.

Reported by: Joey Styles of WWE.com
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