When the WWE tried to buy Mexico based wrestling promotion AAA

Konnan, the leading booker for AAA , a wrestling promotion that focuses on Lucha libre style of wrestling, talks about the WWE trying to buy the company in the past and what transpired in the meeting, in a recent interview.

“They went in there [Mexico] with big, big ambitious plans a few years ago. They wanted to do a lot of business down in Mexico and then obviously those plans scaled back and they haven’t run in two or so years down there.”

Konnan, AAA’s matchmaker, offered an inside view on what took place during the negotiations between WWE and AAA:

“I know exactly what happened because we had to live through it. We had a meeting. I’ve never talked about this. We had somebody from WWE actually come and having a meeting with me and Dorian, who is the son of the owner. We had a meeting with somebody from WWE and they came and offered to buy AAA. He was really cool. He was like, ‘We want to buy AAA.’ Dorian was like, ‘We’re not really for sale, but we’ll listen.’”

“They wanted to buy 51% of the company. I was like, ‘Dude, do not do that because these [guys], the minute they don’t like something, they’re going to get rid of us.’ I said why doesn’t Vince just buy 50% or 49%? They said Vince doesn’t like to go into partnership with anybody and doesn’t want to be asking for permission for anything. I asked what would happen to us. They said, ‘As you can see, we’re having trouble running WWE as it is and we’re trying to expand into Europe. We don’t really know what we’re doing in Mexico, so you guys would stay in power.’”

“We excused ourselves to go to the bathroom and I said that’s BS. The minute we do something they don’t like, they’re going to change it and there’s nothing we can do about it. We can’t give them this type of power, which he understood. He told them we wouldn’t sell that much of the company.”