June 25, 2024

WWE has been Sold to Saudi Arabia’s Public Investment Fund- (Report)

Ever Since Vince McMahon made his return to WWE, there was lot of speculation about WWE being sold soon.

Stephanie announced her resignation today, McMahon was unanimously elected as Executive Chairman. Everything was in a hurry.

Reddit Insider Kermit125 has leaked tons of stories in the past is reporting that WWE has been sold.

Cassidy Haynes of BodySlam.net is reporting that Saudi has bought WWE, and taking the company private.

For what it’s worth, I’m told the Saudi deal is done and they’re taking the company private.

Steven Muehlhausen of Dazn is reporting that WWE is sold to Saudi Public Investment Fund.

Sources: #WWE 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.

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