Potential WWE Sale Reportedly Up In The Air

A new report has suggested that rumours of a proposed sale of WWE to Saudi Arabia PIF might not be a done deal after all.

Vince McMahon has been the talk of the wrestling world so far in 2023 as the previously retired former boss of WWE has waltzed his way back into the big chair after being installed as the company’s Executive Chairman.

This came after Stephanie McMahon resigned from her role as WWE Chairwoman and co-CEO with many expecting the 77-year-old to oversee a sale of the company in the near future.

Reports broke on the 10th of January that a sale was near to being completed with the Saudi Arabia Public Investment Fund. The PIF owns stakes in Newcastle United Football Club as well as the LIV Golf organisation. WWE has had its own links with Saudi Arabia in recent years, signing a ten-year deal to produce several stadium shows from the Middle Eastern Kingdom.

Now, however, Ariel Helwani – a former client of company CEO Nick Khan – has reported that a sale is by no means in place, either to the Saudi PIF or to anybody else at this time. He adds that the company is still exploring all its options:

“Contrary to reports stating otherwise last night, there is no deal in place at this precise moment for WWE to be sold to Saudi Arabia’s Public Investment Fund or any entity, sources say. The organization is still exploring all options, I’m told. Developing.”

Contrary to reports stating otherwise last night, there is no deal in place at this precise moment for WWE to be sold to Saudi Arabia’s Public Investment Fund or any entity, sources say.

The organization is still exploring all options, I’m told. Developing.

— Ariel Helwani (@arielhelwani) January 11, 2023

Other reports have noted that “multiple wrestlers” have now stated that would want to leave WWE if a sale to the Saudi Arabia PIF took place.