WWE Sale to Saudi Arabia Rumored with Company Set to Go Private

  • 📰 bleedingcool
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 69%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

According to rumblings reported by multiple sources, a deal to sell WWE to the Saudi Arabia public investment fund is imminent. WWE SaudiArabia StephanieMcMahon VinceMcMahon

\nYears of cozying up to the government of Saudi Arabia appear to have paid dividends for Vince McMahon. A deal to sell WWE to Saudi investors and take the company private is rumored to be done, according to multiple sources, with some suggesting Vince McMahon could resume his role as head of creative under the new literal regime in a swerve that rivals any scripted storyline from 'The Attitude Era.'\nVince McMahon and Triple H, DoD Photo by Navy Petty Officer 2nd Class Dominique A.

\n— Steven Muehlhausen January 11, 2023\n\nFor Vince McMahon, it would allow him to remain in power despite growing scandals over sexual misconduct accusations and investigations into hush money payments to the accusers. That scandal forced McMahon into early retirement last year, but he returned with a vengeance to kick off 2023, using his majority stockholder voting power to elect himself Chairman, effectively oust his detractors, and initiate a sale of the company.

 

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

This so disappointing

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:

 /  🏆 20. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

WWE Co-CEO Stephanie McMahon Resigns From Company, Issues StatementJust days after the return of Vince McMahon to WWE, WWE Co-CEO Stephanie McMahon has resigned from the pro wrestling organization.
Source: comingsoonnet - 🏆 578. / 51 Read more »