In a media call to promote this Saturday’s ROH Final Battle pay-per-view, All Elite Wrestling President Tony Khan confirmed that William Regal will be departing the company at the end of this month, stating that Regal asked them not to pick up his contract option at the end of the year and detailed what led to that decision.

Khan said that his mother suffered a stroke between the time of AEW All Out and AEW Grand Slam, and then suffered another stroke in October, and that around the time of his 40th birthday, he received a phone call regarding William Regal stating, “I got a phone call saying William Regal had approached Megha and said that it was all very legitimate and valid stuff, basically that he has a son who works in another wrestling promotion, and he really wanted us at the end of the year, when we had the option to renew his contract, he was asking that we would not, nothing bad. We were having a great time working together, but this is an opportunity for him to go back and work in these golden years of his career with his son and do things that he likes to do, coaching, and he has friends that he would like to go back and coach with. It’s a very complex situation for AEW, because he’s a huge part of what we’re doing on-screen and we really value him, there are multiple storylines he’s involved in, and as we were going to Toronto that week, obviously I had a lot on my mind.”

Khan revealed that doctors found that his mother had a spot on her heart, and that doctors stated that if they could fix that, then they could hopefully stop the strokes, noting that as All Elite Wrestling were in Toronto, his mother was heading into surgery. Khan said that he was spending the time with his mother in the hospital the week that the Jacksonville Jaguars faced the Indianapolis Colts when he received a message from Regal directly. Khan stated, “I got a message from Real asking if we could talk, I made time to talk to him, I went outside the hospital, I’m sitting on the park bench in front of the Mayo clinic and we had this really long and good talk, it was very positive, he really had good intentions for why he wanted to go back and it made a lot of sense to me why he would want to work with his son and be with his son. He said to me, and it made sense, given where you are sitting right now, does it make sense to you as to why I would want to go back and be with my son. At that point, where I was sitting, it really did make a lot of sense to me and the last thing I wanted to do in that moment was to prevent any parent and any child from being together.”

Khan said that he spoke further with Regal at the live AEW Rampage at Daily’s Place days after the Jaguars vs. Colts game stating, “I sat with Regal for over 90 minutes in my office after, and this was probably the longest one-on-one in person talk that I’ve ever had with him, we talked and I told thim that I would make major sacrifices to this company to do the best thing for you and your family, because this is a family first company. The person I’m releasing later this month, who is still with us through the holidays, has been an essential part of major TV stories and is still an essential part of the TV as of tonight, we’ve done a lot of things to help him create the best situation he can for his family. For Lord Regal, I’m wishing him the best and he knows I wish him the best, we’ve had conversations, even this week, and I think he’s grateful for what I did and I know he enjoyed his time here, and I enjoyed the time with him. It’s hard to see him go, and it was a challenge to make it compelling, and he’s not gone yet.”

H/T Fightful.com for the transcription.