WWE’s Vince McMahon is in the news after it was announced that he would be stepping down as chief executive and chairman during an investigation into alleged misconduct. In the interim, his daughter Stephanie will take over.
The Wall Street Journal reported on Wednesday that the WWE is investigating an alleged $3 million payment from McMahon, 76, to a departing female employee, following a consensual affair. It was also looking into John Laurinaitis, the head of talent relations.
McMahon has said he would co-operate with the investigation and “accept the findings … whatever they are”.
The billionaire has long been the leader and most recognisable face at WWE for decades, after purchasing the World Wrestling Federation, as it was then known, from his father in 1982.
However, in his four decades running the company, it hasn't always been smooth sailing as there have been a few controversies along the way. Here, we take a look at some of the biggest.
The steroid trial (1994)
The link between steroids and professional wrestling reached a turning point in the early 1990s, when McMahon was indicted by the US Department of Justice on illegal activity relating to anabolic steroids. It was thought that he not only actively encouraged use for wrestlers, but that he had provided access to them too.
The charges against McMahon could have led to up to 11 years in prison and a $1.5 million fine. During an 18-day trial in 1994, in which wrestlers such as Hulk Hogan, The Ultimate Warrior and Rick Rude testified, McMahon was acquitted by a jury in the federal district court, of charges that he conspired to distribute steroids to wrestlers under his employment.
However, the case left a dark mark on the wrestling industry, and over the years, with many former wrestlers having died young, steroid abuse is often viewed as a major culprit.
Owen Hart’s death (1999)
One of the biggest tragedies to ever happen to the WWE was when wrestler Owen Hart died during a live pay-per-view event in 1999. Dressed as his character the Blue Blazer, he was supposed to descend from the arena rafters into the ring prior to his match. However, as he was attempting the stunt, a configuration error led to his harness disengaging early and Hart falling more than 21-metres into the ring.
While the accident wasn’t viewed on live TV (a pre-recorded video vignette was being shown), when the broadcast returned, commentators Jim Ross and Jerry Lawler were left to inform viewers of what had happened. However, later in the show, it was announced that Hart had died from his injuries. Rather than cancel the show, after some delay, McMahon decided to continue. Afterwards, there was strong criticism for allowing the stunt to happen in the first place and for going forward with the live event.
“After he lost his fight for life, they just scooped him up and ordered the next match out. Where's the humanity? Would he have wanted the show to go on? Absolutely not,” said Hart’s widow Martha in an interview with the Calgary Sun in 2000.
Chris Benoit tribute show (2007)
When wrestler Chris Benoit and his wife Nancy and son Daniel were found dead in their home, McMahon cancelled a three-hour-live episode of Raw and instead replaced it with a rushed tribute show. During the broadcast, fellow wrestlers discussed Benoit’s life and career and a highlight showcase of Benoit’s past matches was screened.
However, it was around the last hour that reports began to surface that it was possibly a murder-suicide by Benoit. The next day, after more details emerged, McMahon was forced to confront the backlash, giving an emotional but brief statement. Benoit has never been mentioned on WWE programming again.
WWE's workers’ rights (2019)
Stand-up comedian and political commentator John Oliver, the host of HBO's Last Week Tonight with John Oliver, took a shot at the WWE's refusal to provide its wrestlers with health insurance or workers' compensation benefits in 2019. The host claimed McMahon could get away with not providing these benefits because the wrestlers were independent contractors, and not technically employees of the WWE.
"When you take independent contractors working in a monopolised industry largely free from meaningful oversight who are able to be fired at any time, you wind up with huge potential for unsafe conduct," Oliver said. He also claimed the WWE was worse than the NFL when it came to caring about the health and safety of its athletes, calling the promotion "morally subterranean".
The WWE responded by telling Deadline: "Prior to airing, WWE responded to his producers refuting every point in his one-sided presentation... [Oliver] simply ignored the facts. The health and wellness of our performers is the single most important aspect of our business, and we have a comprehensive, long-standing Talent Wellness programme." However, it was never made public what those points were.
Maestro
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
UAE currency: the story behind the money in your pockets
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
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UAE currency: the story behind the money in your pockets
Scoreline
UAE 2-1 Saudi Arabia
UAE Mabkhout 21’, Khalil 59’
Saudi Al Abed (pen) 20’
Man of the match Ahmed Khalil (UAE)
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Chef Nobu's advice for eating sushi
“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”
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What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
What is the definition of an SME?
SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.
A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors.
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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RESULT
West Brom 2 Liverpool 2
West Brom: Livermore (79'), Rondón (88' )
Liverpool: Ings (4'), Salah (72')