Tony Khan, the president of AEW, is undeniably very passionate about professional wrestling. AEW has certainly gone through a lot of changes over the years and it has also grown in numerous ways. Khan recently said that he has no plans to ever sell AEW.
Tony Khan was recently interviewed by Dave Meltzer and Garrett Gonzales on Wrestling Observer Radio. Among the many topics covered, Tony Khan stated that he has no plans to sell AEW while he is still alive or to make the company publicly traded. While praising Jim Crockett Promotions, he added that he didn’t want to sell to Ted Turner the way they did.
My goal is to keep this going forever. I think it’s not even an apples to apples comparison with Eric Bischoff’s WCW, because he had a lot of things working against him being owned by another company and not being able to make his decisions for the livelihood of the promotion, and not getting rights fees for TV and a lot of other things that I’m sure Eric would point out. But at the end of the day, my goal, I would compare this more like Jim Crockett promotions. I don’t ever want to have to be in a position … I’m never gonna put myself in a position where we have to sell this business as long as I’m alive.
No, this is a family business. From the beginning, if you look at how I’ve set up the routing of the tours, and sometimes people say I make conservative decisions, but it’s also because I don’t want to end up like Crockett Promotions and end up in somebody else’s hands. This is a family business. Theirs was around for a long time, but some mismanagement, and trusting people and letting people take your checkbook, letting people take your TV book and your pay-per-view booking. And you see what can happen.
So people say I keep my fingers in a lot of pies, whether it’s all the creative, or the booking of the buildings or how the business is run, but I’ve also seen that it’s the most successful way to run a wrestling promotion is to manage the entire thing from the top down, and not let people screw you. Because if you turn your in this business, people will screw you at every turn I’ve learned, and not just the people that work for you. But anybody from the outside if you show weakness.
In addition, Khan disclosed that he paid less for ROH than Jim Crockett Promotions did for the UWF during his discussion of the AEW company, the future, and his purchase of ROH. The UWF was sold for $4.2 million. Khan also recently claimed that AEW will gross over $100 million this year.
We will have to wait and see whether Tony Khan’s claim turns out to be true or not. In the meantime, the company will continue to move forward under Khan’s vision. Stay tuned to Ringside News for the latest AEW news and updates.
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