Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF? - Wrestling Forum: WWE, AEW, New Japan, Indy Wrestling, Women of Wrestling Forums

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post #1 of 20 (permalink) Old 09-16-2019, 01:21 AM Thread Starter
 
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Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF?

When Vince And Linda were first Married they were beyond poor,they would have had to save up to be dirt poor. He hadn't met Vince Senior much before that and I know Vince Senior gave him some entry level jobs then made him an announcer but you aren't making that kind of money to buy a wrestling company and then build up that company buying wrestlers from all over the country with money you make being an announcer. Has anyone here read or seen anything?
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post #2 of 20 (permalink) Old 09-16-2019, 01:33 AM
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Re: Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF?

.....what? He made plenty of money helping his dad. Where did you hear he was dirt poor?


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post #3 of 20 (permalink) Old 09-16-2019, 02:21 AM
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Re: Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF?

I heard he bought it from his dad for $1 after he asked Vince Sr to give him a year to turn the promotion around



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post #4 of 20 (permalink) Old 09-16-2019, 02:36 AM
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Re: Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF?

Don't make threads when you are drunk.

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post #5 of 20 (permalink) Old 09-16-2019, 03:23 AM
 
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Vince was never dirt poor. That comes out of the same narrative of big bad billionaire Ted is trying to destroy a family business.
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post #6 of 20 (permalink) Old 09-16-2019, 04:14 AM
 
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Re: Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF?

Vince was never dirt poor. He wasn't a millionaire either but he was good with money.
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post #7 of 20 (permalink) Old 09-16-2019, 04:34 AM
 
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Re: Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF?

How on Earth was Vince dirt poor when his father was running this company? Lol. Wtf. Was OP drunk as fuck?


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post #8 of 20 (permalink) Old 09-16-2019, 05:08 AM
 
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Re: Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF?

I thought he inherited it from his old man?

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post #9 of 20 (permalink) Old 09-16-2019, 05:16 AM
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Re: Does Anybody Know Where Vince Got The Money To Originally Buy And Build The WWF?

fair amount of shitting on OP going on here, however you look at linda's wikipedia page, there is evidence to back that up.

Quote:
Shortly after her high school graduation, Vince asked her to marry him. They married on August 26, 1966, when she was 17.She enrolled at East Carolina University in 1966, where she obtained a bachelor's degree in French, and gained certification to teach.From 1968 to 1971, Vince worked as a traveling cup salesman before joining his father's company, the World Wide Wrestling Federation (WWWF, now WWE). Linda finished college in three years so she could graduate with Vince. Their son Shane was born in 1970, followed by daughter Stephanie in 1976.

Financially, the couple fared poorly for several years, and in 1976, while pregnant with Stephanie, McMahon and her husband filed for bankruptcy. They briefly received food stamps,until her husband took on a 90-hour-a-week job at a quarry.

By 1979 Vince decided to start his own wrestling company. He purchased the Cape Cod Coliseum in Massachusetts and founded Titan Sports, Inc. in 1980. The McMahons held small hockey and other sporting events in addition to wrestling at the Cape Cod Coliseum. At one point, Linda cooked meatball sandwiches to feed the fans at these sporting events. As the company grew, Linda assisted Vince with administration and used her knowledge of intellectual property law to assist in trademark protection for the company. During much of those early years, she had little interest in professional wrestling.

In 1982, Vince McMahon purchased Capitol Wrestling, better known as the World Wide Wrestling Federation (WWWF), from his father. He later expanded his market by airing WWF shows on national television
so yes, they did actually have financial troubles it would seem in their early marriage.
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post #10 of 20 (permalink) Old 09-16-2019, 07:27 AM
 
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Quote:
Originally Posted by UniversalGleam View Post

so yes, they did actually have financial troubles it would seem in their early marriage.
Filing for bankruptcy doesn't make you dirt poor. Plenty of millionaire's do it all the time in order to erase debt.

You can't be dirt poor in 1976 and buying Colliseums in 1979, to owning the biggest promotion in 1982.

A Wikipedia page isn't always accurate. Again it's all about narrative.
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