Rumors circulated earlier this week that Saudi Arabia’s Public Investment Fund had purchased WWE, but it was quickly squashed. Since then, Saudi issaid to still be in the hunt.
This comes after Vince McMahon returned to the Board of Directors alongside George Barrios and Michelle Wilson to help negotiate the new TV deals for Raw and SmackDown and explore a potential company sale.
AEW’s Shad and Tony Khan are reportedly in the pool of potential buyers. Another report claimed that The Khan Family is interested in a merger with WWE.
WWE has hired JPMorgan and Raine Group to help lead WWE’s potential sale.
In the latest edition of the Wrestling Observer Newsletter, Dave Meltzer reported that “those at WWE said that Saudi Arabia was in the running but not the favorite.”
Comcast (NBCU’s parent company), Netflix, Amazon, Endeavor Group Holdings (UFC’s parent company), Warner Bros. Discovery (TNT & TBS’ parent company), Disney, and FOX have been speculated as potential buyers.
