Vince McMahon retires from WWE

Vince McMahon, the previous WWE chief, is retiring. he stated in a assertion on Friday.

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"As I approach 77 years old, I feel it's time for me to retire as Chairman and CEO of WWE," McMahon said.

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A new report from the Journal came out earlier this month that stated McMahon paid extra than $12 million to four girls,

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including the one from the prior document, to cover up "allegations of sexual misconduct and infidelity.

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His daughter, Stephanie McMahon, and president Nick Khan will serve as co-CEOs.

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