WWE has a 10-year partnership with the Saudi General Sports Authority and is paid big money to host two events in the country per year. That partnership is expected to be extended.
ESPN’s Mike Coppinger noted on Twitter that Turki Alsheikh, the chairman of the Saudi Arabia General Entertainment Authority, said the two sides are looking for an “enhancement” to the existing deal, with it being announced later this month with the idea of it seeing a major WWE PLE head overseas.
It’s believed the announcement will be made during King & Queen of the Ring on May 25th. It was said lsheikh is “looking to bring January’s annual Royal Rumble or WWE’s top event, WrestleMania, to Saudi Arabia.”
WWE has been expanding into international markets with its PLEs as of late and will continue that trend throughout the year while keeping its bigger PLEs in the United States. WWE is believed to take in $50 million per show in the country, based on SES reports.
.@Turki_alalshikh tells ESPN an enhancement to Saudi Arabia's existing agreement with WWE will be announced later this month. Specifically, Alalshikh is looking to bring January's annual Royal Rumble or WWE's top event, WrestleMania, to Saudi Arabia.
Since 2018, WWE has held at… https://t.co/cU5A7lTUst
— Mike Coppinger (@MikeCoppinger) May 8, 2024
