Vince McMahon set to lose control over one key aspect of WWE following UFC merger - Reports

A new report has revealed that Vince McMahon will no longer have majority voting authority over WWE following the UFC merger.

Endeavor, the parent company of UFC, has officially announced its acquisition of 51% of WWE in a landmark move for sports entertainment. With this, Endeavor will acquire a majority stake in WWE, leaving the remaining shares in the hands of WWE shareholders.

This agreement, inked on Monday, April 3rd, values the entire organization at an astonishing $9.3 billion, confirming both companies' dominance in their respective industries.

The news also confirmed that Vince McMahon will continue as Executive Chairman of the Board for WWE and the new company. Since the merger with UFC, McMahon's majority voting control over his company has changed.

As reported by Wrestlenomics, following the WWE-UFC merger, Vince McMahon will no longer have majority voting control over WWE or other businesses inside the new organization. The report noted that he would possess 18.4% of all shares after the merger is completed.

You can check out the Wrestlenomics analysis below:

Vince Russo has some concerns about Vince McMahon's capabilities

Wrestling veteran Vince Russo believes WWE would be less popular now if Mr. McMahon had to create all the characters himself.

Vince Russo recalled on Sportskeeda Wrestling's Writing with Russo that when McMahon bought WWE, he enlisted the services of huge performers from other regions. He feels that if Vince had created all the characters himself, the company would not be the behemoth it is now.

"He plucked wrestlers that already made a name for themselves through the promoters; through themselves. Bro, think about if that wasn't available to Vince, and he buys the company from his dad in 1982, and now he has to create all his own characters. We have seen what that looks like, bro. We have seen that. Look what would have happened to the WWE," Vince Russo said.

Check out the full video below:

There's a lot of excitement going around in regards to WWE's merger with Endeavor. It'll be interesting to see whether Vince misses any more episodes after missing the most recent episode of SmackDown.

Do you think Mr. McMahon should have majority voting control? Sound off in the comments section below.