When Vince McMahon came back to power, WWE went through another big change. Since Stephanie McMahon’s resignation, Mr. McMahon has resumed his position as board chairman. Now, it seems more than ever that the company will be sold.
Sean Sapp talked about the rumor that Saudi Arabia is going to buy WWE. The same thing was said to him, but nothing has been proven. Still, there are still a few hints that this might be the case.
One of the more depressing nights in recent history for wrestling.
WWE got a real shot in the arm when Vince left and now? He’s in charge and they’re owned by Saudi Arabia.
— Brandon Walker (@BFW) January 11, 2023
Saudi Arabia and WWE signed a 10-year deal to put on a number of high-quality live events in Saudi Arabia. Now that Vince McMahon is back in charge and wants 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 when Saudi Arabia is a possible buyer.
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Back on January 6, frontofficesports.com was the first to report that the Public Investment Fund of Saudi Arabia might be interested in buying WWE. Reddit user kerrmit125, who has broken news before, wrote “WWE has been sold” on Tuesday night.
Reddit insider kermit125 who has leaked tons of stories in the past is saying that WWE has been sold. WWE has not confirmed this yet via 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’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.”
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
Cassidy Haynes of Bodyslam.net also tweeted, “For what it’s worth, I’m told the Saudi deal is done and they’re taking the company private.”
For what it’s worth, I’m told the Saudi deal is done and they’re taking the company private.
— Cassidy Haynes of Bodyslam.net (@Casshooole) January 11, 2023
If WWE is sold to the Saudis, we have covered everything that needs to be addressed. Please tell us what you think in the section below. Follow us only on Lee Daily for more news like this.