WWE sold

WWE has not been sold to Saudi Arabia's Public Investment Fund ... this according to sources familiar with the situation.

with the intent to help with TV deal negotiations and explore a potential sale of the company. A sale to Saudi Arabia would certainly cause backlash with WWE fans ... WWE Company Not Sold to Saudi Arabia ... WWE has not been sold to Saudi Arabia's Public Investment Fund ... WWE Sources Say Company Not Sold to Saudi Arabia [Vince McMahon](https://www.tmz.com/people/vince-mcmahon/) secured a massive payday for handing over the company reins to Saudi Arabia, which would take the WWE private once again.

Vince McMahon is undoubtedly one of the most influential personalities who change the face of professional wrestling. Following his exit as the CEO of the ...

[Youtube](https://www.youtube.com/user/Koimoi4Bollywood) The reports are not confirmed yet, so they can not jump to a conclusion. The post read, “I cannot put into words how proud I am to have helped lead what I consider to be the greatest company in the world and I am confident WWE is in a perfect position to continue to provide unparalleled creative content and drive maximum value for [shareholders](https://www.koimoi.com/bollywood-news/brahmastra-pvr-inox-witness-a-boost-in-shares-as-the-film-goes-past-200-crores-at-the-box-office-globally/)”. Being the controlling shareholder of WWE, many are still thinking about whether Vince McMahon will return to the head of creative or not. With the return of the wrestling mogul, the shareholders are questioning whether the company can execute the sales or not. Vince McMahon is undoubtedly one of the most influential personalities who change the face of professional wrestling.

Vince McMahon's resignation back in July 2022 after investigations regarding his alleged sexual misconduct was one of the most prominent wrestling news stories ...

[stars even reportedly walking out if the deal was finalized](https://www.sportskeeda.com/wwe/rumor-several-wwe-talent-will-100-walk-saudi-deal-confirmed-reports). I'm surprised that this thing with the company here, who I'm really surprised is not in on the bidding action unless there is bidding going on. As it turns out, no entity is even close and the promotion is still exploring all options. Several companies like Amazon, Netflix, Disney, UFC's parent company Endeavor, and more were announced to be interested in buying the sports entertainment giant. Vince McMahon's resignation back in July 2022 after investigations regarding his alleged sexual misconduct was one of the most prominent wrestling news stories of the past year. However, the rumors are reportedly false, and other interesting news has come up since.

The WWE sold to Saudi Arabia news has reportedly sent shockwaves of fear and frustration through the company.

Meaning a return to a product some fans have soured on and performers that were recently rehired, like former WWE champion Bray Wyatt, could be in danger of being cut again by McMahon. Well, it seems that the news of a Sami Zayn is one of the company’s performers that has had personal reasons for not appearing at WWE’s yearly Crown Jewel events in Saudi Arabia. McMahon’s reasoning for ending his self-imposed retirement, following a sexual misconduct scandal, was to shepherd a new media rights deal and look into a possible sale of the company. The move came just days after the revelation that her father, WWE founder, and former CEO Vince McMahon, had installed himself into the top spot on the organization’s board of directors. The WWE was the source for two major entertainment business headlines on Tuesday night.

In a since-deleted tweet, Steven Muehlhausen of DAZN reported Tuesday that WWE had been sold to Saudi Arabia's Public Investment Fund and that it would revert ...

[Cassidy Haynes](https://twitter.com/Casshooole/status/1613045348930289671) of BodySlam.net later reported that while WWE and Saudi Arabia have agreed to a deal in principle, it hasn't been finalized. Listen to Ring Rust Radio for all of the hot wrestling topics. [Lauren Thomas](https://www.wsj.com/articles/vince-mcmahon-plots-return-to-wwe-11672952709) of the Wall Street Journal reported that McMahon was planning a WWE comeback in order to play a role in the potential sale of the company. [Alex Sherman](https://www.cnbc.com/2023/01/07/who-would-buy-wwe-as-mcmahon-returns-to-board-to-pursue-sale.html) furthered rumors of a potential sale last week when he reported that WWE hired investment banking company JPMorgan to advise it in sale discussions. [Brandon Thurston](https://twitter.com/BrandonThurston/status/1613176189610299396) of Wrestlenomics disputed reports of a sale, noting that someone in WWE "who would know" told him the Saudi Arabia rumors are untrue. [since-deleted tweet](https://wrestletalk.com/news/update-wwe-saudi-arabia-sale-agreed-in-principle/), Steven Muehlhausen of DAZN reported Tuesday that WWE had been sold to Saudi Arabia's Public Investment Fund and that it would revert to being a private company rather than a publicly traded one.

Rumors swirled Wednesday that the Saudi Arabia Public Investment Fund was eyeing a purchase of the WWE amid Stephanie McMahon's sudden departure as ...

Are You Asking It Already? [January 11, 2023] [the Hottest Franchises to Watch in 2023](/article/442326) [This One Question Will Make You a Better Thinker](/article/442557). [Front Office Sports](https://frontofficesports.com/public-investment-fund-saudi-arabia-wwe-sale-liv-golf-vince-mcmahon/) claimed that the PIF had been eyeing a purchase of the WWE, with some "sources" even seeming to indicate that the deal was already done. [Deadspin](https://deadspin.com/wwe-sold-saudi-arabia-vince-mcmahon-sportswashing-1849973522) and wrestling outlet [BodySlam.net](https://www.bodyslam.net/2023/01/11/vince-mcmahon-has-been-working-on-saudi-arabia-wwe-deal-since-his-retirement/). The world of the WWE this week has proven to be more chaotic than a Friday Night SmackDown show as rumors swirl that the company may soon be (or secretly has been) sold to a Saudi Arabian company amid the departure of current Co-CEO and Chairwoman Stephanie McMahon.