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Daily Mirror
Daily Mirror
Sport
Matthew Cooper

WWE chairman Vince McMahon announces retirement after 40 years in charge

WWE chairman Vince McMahon has announced his retirement amid an investigation into alleged misconduct.

His retirement marks the end of an era for the world of professional wrestling, with McMahon having been in charge of the company since purchasing it from his father in 1982. The 77-year-old's daughter, Stephanie, and Nick Khan will now take over as co-CEO's.

The Wall Street Journal reported earlier this month that McMahon had paid out more than $12m (£10m) to four women who had been affiliated with the company over claims of misconduct. WWE announced an investigation into the allegations, with McMahon initially stepping back from his role as CEO.

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