Saudi Arabia Is Not The Favorite In Bid To Buy WWE

Vince McMahon does what he wants to and that is simply an objective truth now. This is because he came back to WWE last week and became a member of the Board Of Directors. He then became the Executive Chairman of WWE in a bid to sell the company. Despite all the rumors floating around, it seems Saudi Arabia is not the favorites when it comes to purchasing WWE.

As fans are well aware by now, Vince McMahon came back to WWE last week and immediately became part of the Board Of Directors. He proceeded to regain control of the company’s Board of Directors as the Executive Chairman of WWE.

This was all a well-calculated plan and clearly, Vince McMahon wanted to execute it swiftly. A report made rounds that WWE has agreed to sell the company to Saudi Arabia. Of course, that proved to be false as reports have made it clear that WWE has not been sold to Saudi Arabia.

According to the Wrestling Observer Newsletter, Dave Meltzer reported that “those at WWE said that Saudi Arabia was in the running but not the favorite.”

Comcast (NBCU’s parent company), Netflix, Amazon, Endeavor Group Holdings (UFC’s parent company), Warner Bros. Discovery (TNT & TBS’ parent company), Disney, and FOX have been speculated as potential buyers. Even Tony Khan is interested in merging WWE and AEW, so we’ll have to see what will become of WWE in the end.

We will continue monitoring this ongoing story here at Ringside News. Obviously, there is more and more to unpack every day.

What’s your take on this situation with WWE selling the company? Sound off in the comments!