McMahon retires amid sexual misconduct allegations

WWE boss World Wrestling Entertainment Vince McMahon retires amid sexual misconduct allegations.

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He turned the firm from a regional player to a WWE global giant.

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Mr. McMahon WWE's content is broadcast in more than 180 countries and 30 languages.

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He remains WWE's majority shareholder.

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Vince McMahon led WWE for decades, often appearing as a performer in the ring.

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He said he has the "deepest appreciation and admiration for our generations of fans all over the world".

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At present his daughter Stephanie will serve as interim chairperson and co-CEO.

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According to news, Mr. McMahon had agreed to pay $3m (£2.5m) to a former paralegal who said he sexually harassed her at work.

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Thanks

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