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

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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.

 

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