The WWE management at the Connecticut offices have just announced on WWE.COM that British Businessman Jake Collinson has bought into the company, and Vince McMahon is please with the decision. it is thought Jake bought into the company to raise the profile of the WWE even higher in the U.K and Ireland, where he has already ventured and made profits in Gaelic Sports and the Bristol City football team. Despite these past ventures, WWE fans need not be afraid or scared because Jake himself is a huge WWE fan.
Jake Collinson is quoted as to saying "I love the Passion, the Determination, and the loyalty that each and every superstar puts into their matches. I am proud to say i am apart of the WWE universe, and sit down every Monday and Friday night to watch the latest goings on in the squared circle."
Now that he is a shareholder, he has power within the WWE to make drastic changes, and the first he has made is the re-formation of the Pay-Per-Views. Jake told Mr McMahon himself that he, and the WWE universe are not fans of the current gimmick PPVs and told him a new branded list of PPVs that will generate the same cash but under new names, a PWinsider has picked up the list and they are as follows:
Royal Rumble (January)
St.Valentine Massacrer - replacing Elimination Chamber(February)
King of the Ring - replaces Extreme Rules (May)
Bad Blood - replaces Fatal 4-way (June)
Vengeance - replaces Over The Limit (July)
Judgement Day - replaces Night of Champions (September)
Rebellion - replaces Hell in a Cell and becomes the WWE's flagship UK PPV
Survivor Series - (November)
Bragging Rights - Moved from October to the end of the year event (December)
Jake Collinson has also admitted his new PPV name changes won't come into effect till 2011, so the current reign is still being used until after TLC. Another comment which is dumbfounded the Creative Team is Jakes decision to axe the GMs of each brand and ask Vince to let him be the on-air commissioner of Both shows, as he likes to appear on screen.
His comments might make both shows look up now, as Jake has admitted he is making changes in the coming weeks to both roasters as he is making a Draft special for the first Raw show after Survivor Series.
The Current Roasters look like this:
WWE Champion: Wade Barrett
United States Champion: Daniel Bryan
Unified Tag Team Champions: The Nexus (Wade Barrett, David Ortunga, John Cena, Heath Slater, Justin Gabrial, Joe Hennig (forces name change), Husky Harris) - I have enforced the freebird rule upon the group.
Money in the Bank holder: The Miz
World Heavyweight Champion: Edge
Intercontinental Champion: Dolph Ziggler
"Co" Divas Champion: Lay-Cool
Jey & Jimmy Uso
Alberto Del Rio
Commentators for both Raw and Smackdown: Matt Striker (Trade announcers) & Michael Cole
Announcer: Justin Roberts
The WWE have also announced that NXT and Superstars are both Cancelled.