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[QUOTE="Symphony Steve, post: 4326523, member: 911"] Vince McMahon's reputation undergoes further tarnishing. From the Wall Street Journal: "A new report says Vince McMahon paid $5 million in unrecorded company expenses to former president Donald Trump’s charity. The Wall Street Journal [URL='https://www.wsj.com/articles/wwes-board-finds-vince-mcmahon-paid-5-million-to-donald-trumps-charity-11660774043']reported Wednesday[/URL] that among the $19.6 million in unrecorded company expenses were two donations to Trump’s now-defunct Donald J. Trump Foundation in 2007 and 2009 that totaled to $5 million. McMahon resigned from WWE in July following the revelation of the unrecorded company expenses, along with allegations of sexual misconduct. The report says an attorney for WWE told the Wall Street Journal that the payments to Trump should have been booked as business expenses, as McMahon was a principal shareholder and the payments benefited the company. WWE attorney Jerry McDevitt didn’t dispute the report regarding the contributions but denied Trump’s claim that an additional $1 million was a bonus for the success of WrestleMania 23. “Mr. Trump and WWE entered into a contract whereby WWE agreed to and did pay him personally an appearance fee of $1 million,” McDevitt told the Wall Street Journal. “At the same time, the McMahons made a personal contribution to the Trump Foundation of $4 million. There was no additional fee paid to Mr. Trump, or any additional contribution to the Trump Foundation, due to the success of the event.” [/QUOTE]
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