WRESTLING RUMORS: WWE Sold To Saudi Arabia, Huge Change Coming To Company
That would be a huge one. There have been all kinds of changes to WWE in recent months and now things are ramping up to a degree that would never have seemed possible. The idea of the company being sold seems a lot more likely than ever before and now there is a rumor circulating that not only has the sale been decided, but it would be one of the most unique situations in wrestling history.
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To clarify: the following has NOT been verified by WWE or any mainstream news source and is considered a RUMOR at this point:
On Tuesday night, Cassidy Hayes of Bodyslam.net posted a report saying that WWE had been sold to the Saudi Investment Fund and would be going private again (meaning there would be no stock holders) under the new ownership. The same was also reported by Steven Muehlhausen of DAZN. However, Sean Ross Sapp said that his WWE contacts “claimed to not know” anything about such a sale. There is no word about what kind of a role Vince McMahon would have under new ownership. WWE has not commented on the situation or any other potential buyers.
Sources: #WWE has been sold to
Saudi Arabia’s Public Investment Fund. The company will go back to being private. Unknown if Vince McMahon will return to head of creative but it is expected by some people.— Steven Muehlhausen (@SMuehlhausenJr) January 11, 2023
Hey guys, one of hot rumors is that Saudi buyers are interested in WWE.
I've gained no actual information thus far to indicate this is actually happening, outside of a few vague hinting messages from people outside WWE
WWE contacts claimed to not know what the hints were about.
— Sean Ross Sapp of Fightful.com (@SeanRossSapp) January 11, 2023
More on the HOT SAUDI RUMOR: that the WWE sale is done they'll go private.
I haven't confirmed any of this. At all. But hey, you guys wanna know what all of the dark twitter tweets are about.
— Sean Ross Sapp of Fightful.com (@SeanRossSapp) January 11, 2023
There have been some sales in WWE before. Check out some of the better ones:
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Opinion: What are you supposed to say to this? The idea of WWE being sold to anyone, let alone the Kingdom of Saudi Arabia, is hard to fathom. It might not be the case as this is still just a rumor, but for the life of me I don’t think I can get my head around something like this. I have no idea how it would wind up going, but something tells me it would be more than a little messy.
What do you think of the story? Who would be the best owner for WWE? Let us know in the comments below.
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You can find more from Thomas Hall at kbwrestlingreviews.com, or check out his- Amazon author page with 30 wrestling books.
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