Billionaire Family Is Taking On Vince McMahon & WWE

Billionaire Family Is Taking On Vince McMahon & WWE

[Narrator] The world of
professional wrestling has a brand new battle of the billionaires. In one corner, Vince McMahon. He’s chairman of WWE,
and according to Forbes, he’s worth $3.2 billion. In the other, Shahid Khan. He’s worth $6.9 billion. Khan made a fortune in
the auto parts industry. Today he owns the Jacksonville
Jaguars NFL franchise and the Fulham Football Club in England. And it turns out his
36-year-old son, Tony, is a huge wrestling fan. With his dad’s backing, Tony Khan is starting his own promotion: All Elite Wrestling, or AEW. – All Elite Wrestling is
a new wrestling promotion that is slowly and steadily
growing an interest in America and has the potential to challenge WWE as, like, the next
big thing in wrestling. – Are you guys ready for a revolution? [Narrator] AEW announced
its formation in January. Their upcoming live event,
“Double or Nothing,” sold out in four minutes, and they’ve since signed some major names in the wrestling industry. – AEW has some of the
most impressive talent in the world right now. – Your questions have been answered! – We have Kenny Omega, the most desired non-WWE talent for, I dunno, three or four years now. Cody Rhodes, who’s the
son of Dusty Rhodes, “The American Dream,” WWE Legend. – The most dominant tag team
of this past generation. – The Young Bucks. They’re high flyers,
they’re super fun to watch. – Thank you, Young Bucks! Thank you, Young Bucks! [Narrator] AEW could finally give WWE some legit competition. For almost 20 years, WWE has ruled the pro wrestling landscape. – And there’s a wet spot where
Eric Bischoff was sitting because Sting is out here! [Narrator] Ted Turner’s
World Championship Wrestling, or WCW, gave WWE a run
for its money in the ’90s, known as the Monday Night Wars. But WWE prevailed, and since WWE bought WCW in 2001, the company has reigned supreme. So, does AEW even stand a chance? – Well, hopefully it’s the answer to a lot of wrestling fans’ prayers. You know, I think a lot of wrestling fans have been
disenfranchised with really just having one option. [Narrator] If you’re a pro wrestling fan, odds are you’ve heard of Conrad Thompson. He’s one of the world’s foremost pro wrestling insiders. He hosts three hugely successful
pro wrestling podcasts. He’s also buddies with Tony Khan, who invited him to be part
of the AEW announcement. Oh, and wrestling legend Ric Flair is Thompson’s father-in-law. – The idea that there is
a new player in the game, someone who’s well funded and has a big vision of
what wrestling could be. I think a lot of people
believe we are at the beginning of a giant boom, and a lot of that is because of AEW. [Narrator] In addition to
stars like The Young Bucks and Kenny Omega, AEW
also signed WWE legend Chris Jericho who could be the first of
many WWE superstars with contracts up for renewal to sign with the new promotion. – We are gonna change the whole universe! [Narrator] After the announcement that Chris Jericho would be
joining the AEW roster, the wrestler sat down
for an interview with Tony Khan on his “Talk
is Jericho” podcast. – Advertisers can see
there’s a huge base of wrestling fans all over the world. They are really passionate. When you’ve got all these great talents with their contracts coming up, we’re in a market where
there’s TV money to be had. It’s the right climate
for a number of reasons. – I am already a champion! [Narrator] At the time of this report, AEW still hasn’t announced
the television deal. – Los Lucha Brothers! [Narrator] But the company filed for a trademark last fall that
could reveal its plans. – They applied for the trademark
“Tuesday Night Dynamite.” My country math says
they’re probably looking at a Tuesday night show. [Narrator] “WWE Smackdown”
currently airs on Tuesdays on USA, but the company just signed
a five-year deal with Fox worth a billion dollars that will move the show to Fridays, leaving Tuesdays wide open. – I do think if you’ve
preconditioned wrestling fans that wrestling is on Tuesday nights,
maybe that’s a smart play. Just slide in that same spot, and then it’s just a matter of when they launch and where they launch. [Narrator] So is AEW really
going to be competing with WWE? – WWE’s revenue’s never been higher. I think WWE being concerned about AEW at this point is maybe a little silly. They have such a lead on everyone. The idea that they’re
concerned about losing that spot to someone who at this point hasn’t even ran a show. There’s been no revenue created yet. Maybe what they don’t wanna do is they don’t wanna lose talent to AEW. But the idea that they’re
going to lose market share, that’s a different thing. So if I’m Vince, I wanna
protect my investment and I don’t want those talents to leave. But losing market share? I don’t think they’re
worried about that right now. – Vince McMahon is one of my
all-time idols in terms of building a brand and
sustaining a great company. – Now you’re at war with him. – I don’t think that’s the case.

Comments (100)

  1. I feel this can take over the wwe since wwe has lost so many fans. WWF and the early wwe was when it was huge but not anymore. That's a smart move that man made creating AEW.

  2. AEW can offer those things to Wrestlers in their yard that they have been asking to be given or offered and they deserve. That ll make a big difference. Remember that to make money, you need to invest properly and with utmost care to yield the best result and profits out of it.

  3. 2019 WM was the most fakest event. You can see fake moves in every match. A few examples are charlotte flair counting on the top rope to let becky sync with move. Referee going out of ring in Brocks match. He wasn't even hit. And the speed of count was fast. (Although sometimes they do it slow to keep the match and hype) Batista vs HHH was also fake match. So was Randy vs Styles.

  4. WWE Sucks, im open to follow AEW

  5. Tylor Lautner Gained weights

  6. Nah. Jericho is washed up, and they test of the roster sucks lol. This is a huge fail already.. Despite the hype.

  7. we all know real wwe ended when people like undertaker, sting, HBK, goldberg, stone cold retired. today in wwe they have signed so many world class wrestlers who dont get much chance in wwe and their talent goes to waste

  8. The only reason not to watch AEW: It's owned by Pakistani

    Now Call me racists

  9. It's difficult to compete with wwe it has great history joined with in

  10. Treat the wrestler better and they all set. 👌

  11. now we now why ambrose is leaving wwe

  12. Rome is not built in one day
    WWE should rather be honored not compared with

  13. Give wrestlers healthcare ! And benefits

  14. You said Y2J?…


  15. Just bring something like Attitude era…..

    then seat back and enjoy

  16. When nothing left in it they Sell it to someone and Indians they are smart buying it

  17. Shahid Khan is Pakistani 🇵🇰

  18. Shahid Khan is pride Pakistani

  19. Shahid Khan from Pakistan

  20. just do old wwe and don't copy this trash wwe nowdays

  21. Will khan is khan.the great pathan

  22. This will just make the WWE aware and itll go all out and kill this lol

  23. They have my attention, I haven't watch nor pay attention to wwe for about 8yrs.

  24. Finally a competition

  25. how a great business man like shahid khan can allow his son for this flop idea !

  26. 1:34 is one of the most impressive collection of virgins I’ve ever seen.

  27. About time competition is key for innovation and better product for consumers

  28. WWE has been shit for a few years now..

  29. I would love to see WWE crash & burn!!

  30. I hope Wwe gets some competition

  31. Just imagine cm punk john cena undertaker with AEW. But AEW is too much behind wwe they have to gain experience.

  32. Many have Tried…..but WWF stayed. That's right I said WWF!!

  33. Vince and Wwe deserve this… They made wrestling a joke and ending superstars careers… Justice of nature

  34. I hope this aew thing gives wwe old era of attitude

  35. Shahid Khan from Pakistan 🇵🇰

  36. Dear Offense Rotation WR

  37. Shahid Khan is Pakistan's Richest Person

  38. Shahid khan is a Pakistani.

  39. Pakistani American vs irish American

  40. I wouldn't say they are competing imo it's probably going be more wrestling than promos.

  41. WWE is world famous wrestling

  42. AEW will never replace WWE

  43. I was now and forever WWE fan

  44. don't forget shahid khan is Pakistani basically !!

  45. Shaid khan is terrorist because he is Muslim? Why you can't say this here? Where is the people affected by islamophobia

  46. He is basically from pakistan

  47. Oh shahid kaka
    🎵"Aao dam banaye hum"🎵
    Yaha kaha phas gaye aap🤣🤣

  48. i will always love WWE

  49. Indian will not like it

    So now we can say it’s Pakistan vs America 🇵🇰🤝🇺🇸

  51. Good luck from Pakistan to Shahid khan.

  52. Shahid Khan is Pakistani. Love you Shahid Khan from Pakistan.

  53. Well many don't know Tony khan is realted to laden and isis he was charged with supply of arms to them

  54. One more acting company!

  55. It just simply can't take over wwe

  56. AEW never compare with WWE which have create history already

  57. Which means Pakistani owns the wrestling. 🙂

  58. This is revenge for what they did to the IRON Sheik, and his mariguana.

  59. Must be Fun…!!! Like,
    Hit 👇

  60. This makes me so happy! This is gonna be HUGE. Goodnight WWE and HELLO AEW!

  61. Wwe will never dye AEW won't last long!

  62. if it was not for foley & taker & the rock & dx wwe might not exist/folded. so they should think about finding talent from around the world asap

  63. We just want to see the two billionaire wrestle … hehe.

  64. WWE vs AEW if that could happen just like WWE vs WCW.

  65. AEW will never be serious competition. They will grow to ROH size at most

  66. They should buy up all the talent the way VKM did in the 80's then turn wrestling even more gay then it already is

  67. Tony Khan go to Pakistan

  68. AEW better fix their personalities & faces of their company quick or they are not going to be a success & will lose a lot of money.

  69. I don't think you need a billionaire family to take on Vince McMahon you need good storyline an wrestling…

  70. Wrestling is a dying industry. The only reason why wwe dominates is because it has loyalty from loyal fans. But they're slowly dying. Anyway, I think it's a stupid business idea to invest in a dying industry. I wonder if this has anything to do with Vince resurrecting the xfl. If Khan has investment in the NFL, maybe he's trying to intimidate Vince by creating aew to harm him financially.

  71. Gr8 video very professional

  72. I'm shocked that Shahid khan has more money than Vince McMahon. I think AEW has the thing which other companies don't have which is more money just like TNA wcw has not to much money to compete with WWE but now aew has the money power to compete. I'm a WWE huge fan but I hope that AEW will give tough competition to WWE so we can see a competition every week and this is even good for WWE because competition from aew will give them more challenges to improve their rating and use their talent rightfully. I hoe that now we can see some real stuff from WWE because now aew is here to give something to fan what they want

  73. Bring vince mcmahon, the attitude of the ERA.

  74. Wwe a tap em out in the long run.. They a get a few big wins but watch wwe win this war

  75. Wwe is moving SmackDown back to Friday nights because they're Afraid of a potential Tuesday Night Ratings War With AEW.

  76. Is he related to Pakistani General Ayub Khan?

  77. Wwe need to up their game plan when or what they will invade aew cause aew only have only 1 roster but wwe have 4 that will be smackdown,raw,nxt,and 205 cause aew can't invade wwe but wwe can invade but wwe had to think how like a comeback of old wrestlers so the can plan to strike

  78. WWE is world wide show popular for a decade and AEW is just NEW NO doubt WWE IS STILL THE BEST

  79. Indian peoples doesn't even undestand nothing in american football but that khan family owns the Jacksonville jags because they know very well that american football is the most popular sport in america but in reality these indians doesn't give a f*ck about american football and they are in america only to make millions of dollars. Lol opportunist rats

  80. Www is better
    Wwe deafeat TWO oragnization

  81. AEW is the bomb watch the wwe exodus start

  82. I'm With AEW.💯💯

  83. Its time wwe get rid of
    Carmella-truth, iconics

    And make better out of
    Asuka, Sami zayn, Randy and the luchas..

  84. Go Kann kick mcmanns ass and take that talent away and show them what they lost!

  85. Thank you finally another venue for the wrestlers that refuse to be screwed over by wwe for so many years!

  86. Just Move on from it. Wrestling is not going to be as good as it used to be sadly. Just Accept it and move on. Wrestling was great for its time. Nowadays it is garbage. Find new interests to keep up with. This is a perfect example of trying to focus your attention on things you will never change.

  87. Let's roar for AEW ……..

  88. wow, Vince McMahon is only worth 3.2 Billion??? even Facebook Chairman and CEO Mark Zuckerberg's net worth is even more then the WWE Chairman. haha

  89. AEW will probably end up like the AAF :/

  90. Wwe vs aew who best

  91. Shahid Khan is Pakistani

    Search it of you don't believe me

  92. AEW 💪👍👌

  93. Shut up that's Vince McMahon's best friend they working together dumbass it's Vince McMahon's company Vince McMahon owns aew how stupid are you?

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