Newly discovered Vince McMahon payments may be linked to Donald Trump

Two weeks ago, WWE open They are restating previous financial statements due to “some unrecorded expenses” made by former CEO Vince McMahon. The total of these expenses amounted to approximately 14.6 million dollars.

Earlier this week, WWE revealed Two more such payments Made by McMahon. The payments were made in 2007 and 2009, totaling an additional $5 million.

Many fans and analysts have assumed that this money is linked to McMahon’s allegations Silence money payments Which is under investigation by a special committee of the WWE Board of Directors. But an interesting note in WWE’s SEC filing seems to contradict this idea:

Since that time, the Company has determined that two additional payments totaling $5.0 million, unrelated to the allegations leading to the Special Commission investigation, made by Mr. McMahon in 2007 and 2009, should have been recorded in the Company’s consolidated financial statements.

If these two payments are “unrelated to the allegations” under investigation by the Special Commission, what could be related to them?

New report from Wrestlenomics’ Brandon Thurston It concludes that it “appears most likely to be related to Donald Trump”.

Looking at previous IRS filings, Thurston notes the following:

The additional $5.0 million found by WWE in payments made by Vince McMahon in 2007 and 2009, which were to have been accounted for as company expenses, matches the amount and years of payments WWE made to the Trump Organization… “

“…WWE was by far the Trump Organization’s largest contributor in 2007 and 2009, giving the organization $4 million and $1 million in those years, respectively, and in round numbers — which adds up to the $5 million mentioned in The New WWE Profile. Those were also years when the future President of the United States rarely appeared on WWE TV shows.”

“Despite IRS filings listing WWE as shareholders of the corporation in those years, a WWE spokesperson said in October 2012 that the money came directly from Vince McMahon, as opposed to the company, or both Vince and Linda… Later, in 2016, A WWE spokesperson denied that the Foundation’s contributions amounted to Trump’s appearance fees and that WWE paid Donald Trump’s appearance fees separately. This time however, WWE said both McMahons made the contributions personally to the Foundation.”

If Trump had been paid through his charitable organization WrestleMania-related appearances in 2007 and raw Emerging in 2009, what is the motive? It’s all about cheating in the tax system, says Thurston:

As for the potential motivation to compensate Trump through his foundation for his performance on WWE TV, doing so may have allowed Trump to avoid paying taxes, something he has made an effort to do in other cases. Likewise, claiming a large charitable donation to the Trump Foundation would probably ease the personal tax burden on McMahons in those years. Whether any of that is legal is another question.”

What do you think of Thurston’s theory about Vince’s newly discovered payments potentially linked to Donald Trump’s Caygesider?

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