Before McMahon could announce Angle as his new champion, Ric Flair (who was making his return to the WWF after leaving in January 1993) announced that he "bet on a winner" at Survivor Series. When pressed, Flair revealed to McMahon that he was not in fact the sole owner of the WWF as he had originally thought. When Shane McMahon and Stephanie McMahon had bought WCW and ECW earlier in the year they had sold their shares in the WWF to "a consortium", and that Flair was the man who had bought them, making him half-owner of the WWF.