Is WWE Being Sold to Saudi Arabia’s Public Investment Fund?

  • 📰 snopes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The sovereign wealth fund of Saudi Arabia is known as the Public Investment Fund (PIF).

," which many argue involves the country spending billions of dollars on high-profile sports and entertainment events to distract from their human rights violations.

"Jamal Khashoggi: All You Need to Know about Saudi Journalist's Death." BBC News, 10 Oct. 2018. www.bbc.com, https://www.bbc.com/news/world-europe-45812399. Accessed 11 Jan. 2023. Sherman, Alex."Vince McMahon Is Back at WWE to Ensure a Smooth Sale Process. Here's Who Might Want to Buy It." CNBC, https://www.cnbc.com/2023/01/07/who-would-buy-wwe-as-mcmahon-returns-to-board-to-pursue-sale.html. Accessed 11 Jan. 2023.

"WWE Sources Say Company Not Sold to Saudi Arabia." TMZ, https://www.tmz.com/2023/01/11/wwe-sources-company-not-sold-saudi-arabia/. Accessed 11 Jan. 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I see many walking away from their contracts, if so.

No surprise. I see many connectedness.

No

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 228. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WWE sold to Saudi Arabia's Public Investment Fund: ReportWorld Wrestling Entertainment has reportedly been sold to Saudi Arabia's Public Investment Fund.
Source: dcexaminer - 🏆 6. / 94 Read more »

WWE Sale to Saudi Arabia Rumored with Company Set to Go PrivateAccording to rumblings reported by multiple sources, a deal to sell WWE to the Saudi Arabia public investment fund is imminent. WWE SaudiArabia StephanieMcMahon VinceMcMahon This so disappointing
Source: bleedingcool - 🏆 20. / 69 Read more »

WWE Sources Say Company Not Sold To Saudi ArabiaWWE has not been sold to Saudi Arabia's Public Investment Fund ... this according to sources familiar with the situation. TheJimCornette Yet The Employees right now
Source: TMZ - 🏆 379. / 59 Read more »