When Vince McMahon returned to power, WWE went through another major change. Since Stephanie McMahon stepped down, Mr. McMahon has resumed his position as chairman of the board. Now it looks more than ever that the company will be sold.
Sean Sapp spoke about the rumor that Saudi Arabia is going to buy WWE. The same was said to him, but nothing has been proven. Still, there are some indications that this might be the case.
One of the more depressing nights in recent wrestling history.
WWE got a real shot in the arm when Vince left and now? He is in charge and they are owned by Saudi Arabia.
— Brandon Walker (@BFW) January 11, 2023
Saudi Arabia and WWE signed a 10-year deal to host a number of high-profile live events in Saudi Arabia. With Vince McMahon back in charge and looking to sell the company, the controversial Kingdom is a leading candidate, but nothing has been decided yet.
WWE is going through a lot of changes right now and Vince McMahon came back to help with a sale. This is an interesting situation and you never know what will happen if Saudi Arabia is a potential buyer.
Have a look at:
On January 6, frontofficesports.com was the first to report that Saudi Arabia’s Public Investment Fund may be interested in buying WWE. Reddit user kerrmit125, who has previously broken news, wrote “WWE is sold” on Tuesday evening.
Reddit insider kermit125 who has leaked numerous stories in the past says WWE has been sold. WWE has not yet confirmed this through a press release/announcement.
— Wrestling News (@WrestlingNewsCo) January 11, 2023
On Tuesday night, DAZN.com’s Steven Muehlhausen sent out the following tweet. “Sources: WWE has been sold to Saudi Arabia public investment fund. The company becomes private again. Unknown if Vince McMahon will return as head of creative, but some people are expecting it.”
sources: #WWE has been sold to
The public investment fund of Saudi Arabia. The company becomes private again. Unknown if Vince McMahon will return as head of creative, but some people are expecting it.
— Steven Muhlhausen (@SMuehlhausenJr) January 11, 2023
Cassidy Haynes from Bodyslam.net also tweeted, “For what it’s worth, I heard the Saudi deal is done and they’re delisting the company.”
For what it’s worth, I heard the Saudi deal is done and they’re delisting the company.
— Cassidy Haynes of Bodyslam.net (@Casshooole) January 11, 2023
If WWE is sold to the Saudis, we’ve covered everything that needs to be addressed. Please tell us what you think in the section below. Just follow us on Lee Daily for more news like this.