Dave Meltzer reported on Wrestling Observer Radio that TKO Group Holdings has denied recent rumors that the company is looking to sell WWE. The speculation included theories that Vince McMahon could potentially be involved in buying the company back.
Meltzer stated that the story of a potential sale has been strongly refuted. He also provided financial context that would make a sale illogical at this time.
“The stories of him [Vince McMahon] somehow buying WWE, and I even saw a line in a story about how TKO is looking to sell WWE and it’s like, aside from that being denied all day, TKO has just saved between $100 million and $150 million by essentially removing so many jobs and things like that because they could operate UFC and WWE with the same office staff.”
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